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WTI Tumbles Back To $44 Handle After API Inventories Surge Most In 5 Months

After the worst day since last November's OPEC meeting, WTI crude is falling further tonight as API reported a huge 7.6 million barrel inventory build. This is the biggest build (compared to DOE data) since early April!

 

 

and the reaction is more selling in WTI...

 

Charts: Bloomberg