Crude Slides After API Shows Another Inventory Build
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...
Copyright ©2009-2015 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage ...
more
How did you like this article? Let us know so we can better customize your reading experience.
EIA remind moody rating during CDOs era. This article remind me of investment bankers trying to cheat their clients during that era! Are you one of those shorting oil, rallying for support?