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

Wednesday, February 18, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/18/2015

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 handle…

The Rest…HERE

This entry was posted on Wednesday, February 18th, 2015 at 7:30 pm and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.

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