Zero Hedge
0
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

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

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...

 

WTI back with a $50 handle...

 

Breaking below yesterday's V-Shaped recovery lows...

 

One word - Stabiliteee.....