After a significant decline in U.S. crude oil inventories, Dow Jones crude oil continues to rise

The U.S. Energy Information Administration reported that due to a decrease in imports, an increase in exports, and refineries maintaining high capacity utilization, U.S. crude oil inventories fell more than expected last week, with a decrease of 6 million barrels, leading to a rise in crude oil futures prices. Scott Shelton of TP-ICAP stated in a report that although U.S. crude oil inventory data "may reflect a surge in exports in the coming weeks, I do not believe this export pace will continue, as the demand pull for North Sea crude oil appears questionable, and strong freight rates along with weakening Asian light crude oil inventories make WTI crude oil prices look slightly higher than before. I believe this rebound is a minor bounce in a downward trend." WTI crude oil prices rose by 1.6% to $63.35 per barrel, with the September contract expiring today. Brent crude oil prices rose by 1.7% to $66.88 per barrel