date:Feb 24, 2014
traders put more weight on the weak China PMI data against the strong US demand reflected in the latest US stockpiles data. The US Energy Department's petroleum stockpiles report raised hopes of improved demand after bouts of winter storms and bitter cold gripped large parts of the country.
Commercial crude inventories rose by 1.0 million barrels in the week ending February 14. US distillate reserves, including heating fuel, fell 300,000 barrels. By Friday on London's Intercontinental Exchange