UPDATE: Crude Inventory 1.74M Barrels vs -1.2M Expected

Crude Inventory for the week ending June 20 increased 1.74 million barrels vs a declined of 1.2 million expected.

Cushing inventory grew 416 thousand barrels.

Gasoline inventory increased 710 thousand barrels vs a gain of 1 million expected.

Distillate inventory increased 1.2 million vs 775 thousand expected.

Traders are watching United States Oil Fund (NYSE: USO).

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