Thursday, February 19, 2015

WTI Crude Slumps To $50 Handle On Larger-Than-Expected Inventory Build

API released its crude oil inventory data to subscribers and it printed an enormous 14.3 million barrel build (EIA tomorrow forecast at 3 million barrel build). This has sparked further weakness in WTI (not helped by refinery strikes, refinery fires, and storage capacities), pushing it to a $50 .

WTI back with a $50 
WTI Crude Slumps To $50 Handle On Larger-Than-Expected Inventory Build

One word - Stabiliteee.....
WTI Crude Slumps To $50 Handle On Larger-Than-Expected Inventory Build


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