Zero Hedge
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

WTI/RBOB Tumble - Erase 'Bullish' Inventory Data Gains

The bulls got pretty much everything they could have hoped for - big inventory draws in all products and record high product demand - however, it appears it took the machines a little longer to read down the report and spot the fact that production soared to new cycle highs... and WTI/RBOB prices are tumbling...