Midweek News 17Jul

Source: EIA (Jul 2013)

Graphics

• Crude Oil Inventories' Record Decline. (Bespoke)
• China Oil Demand. (Reuters/Catherine Trevethan)

Central Banks

• Fed Flexible On Bond Buying, Sayeth Bernanke. (Reuters)
• G20 To Seek Reassurance From US Federal Reserve & China. (Reuters)

Geopolitics

• US Senate To Hear On Bank Ownership Of Commodities Storage, 23Jul. (Reuters)
• OPEC Getting Squeezed By North America. (UPI)

Supply/Demand & Markets

• API: -2.6mil v -2mil exp. (Reuters)
• EIA: -6.9mil v -2mil exp. (EIA)
• NYMEX Deals With Oil Market Changing Blends. (Platts)