FX.co ★ US Crude Stocks Unexpectedly Rise, Ending 4-Week Decline

U.S. crude oil inventories increased by 680,000 barrels in the week ending June 27, following a drawdown of 4.28 million barrels the prior week. This rise ended a four-week trend of declining stockpiles and caught markets off guard, as analysts had anticipated a reduction of 2.26 million barrels.