However, the dramatic year - long decline in U.S. drilling activity is taking a toll on production, causing U.S. crude stockpiles to decline for
a record ninth consecutive week, with a drawdown of 2.34 MMbbl reported for the week ending July 15.
Elsewhere, at the single country and asset class fund levels, High Yield Bond Funds
recorded their
ninth consecutive outflow while Inflation Protected Bond Funds took in fresh money for the 10th time in the 11
weeks, year - to - date.