Oil Tumbles Amid Storage Concerns As Genscape Reports Cushing Build

by Tyler Durden
ZeroHedge.com
02/25/2016

What goes up on nothing but a short-squeeze, must come down on fundamentals. Following yesterday’s DOE report of a nother build at Cushing (which followed API’s report of another build at Cushing), Genscape has just reported another large build at Cushing (+503k barrels)… the storage wars are back.

The Rest…HERE

This entry was posted on Thursday, February 25th, 2016 at 12:21 pm and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.