CRUDE OIL NEWS UPDATED BY TRADELINE COMMODITY

Oil costs were down on Thursday in Asia after the Energy Information Administration (EIA) detailed a lot of bearish U.S. unrefined inventories information.

U.S. Crude Oil WTI Futures fell 0.7% to $56.96 by 12:08 AM ET (04:08 GMT). Worldwide Brent Oil Futures were down 0.7% to $63.38.

The EIA indicated unrefined reserves fell 1.1. million barrels in the week finishing June 28, beneath desires for a draw of about 2.96 million barrels.

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