Crude Slides After API Shows Another Inventory Build

This follows a surprising 1.3 million barrel build last week reported by API. WTI slipped back to $61.00 after hours..

Just when everyone thought it was fixed, crude inventories start building again as API reports (for the 2nd week):

*API SAID TO REPORT CRUDE SUPPLIES ROSE 1.8M BBL LAST WEEK

This follows a surprising 1.3 million barrel build last week reported by API. WTI slipped back to $61.00 after hours...

 

STOCKS IN THIS ARTICLE

Comments