WTI $49 Handle, Brent Under $59 On Inventory Build Concerns

Tyler Durden
By Tyler Durden of Zero Hedge
Writer at ZeroHedge •

Following last night's dramatically larger than expected API inventory build (and ahead of today's EIA inventory and production data), crude oil prices are tumbling.

Following last night's dramatically larger than expected API inventory build (and ahead of today's EIA inventory and production data), crude oil prices are tumbling. WTI is back below the $50 Maginot Line and Brent has broken back below $59...

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