WTI Nears $41 Handle After Saudi Comments

Wednesday, March 18, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/18/2015

WTI is now down over $2 from the massive API inventory build last nihgt and is testing down to a $41 handle. The latest leg is not halped by Saudi officials’ comments that it “will not interfere with the oil market,” and that “the oil market will fix itself,” as they continue the line taken at the last OPEC meeting and pressure US Shale even further.

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