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Weakest Chinese Economy In 6 Years Sends WTI Crude Surging To Highest Since Dec 2014

So the Chinese economy is weakest in 6 years, there is a record inventory, near-record production, and record drop in rig count... and now WTI Crude has surged to its highest since Dec 2014 (running stops above last week's highs).

 

WTI highest since Dec 2014

 

Which all started after Chinese data hit...

 

Charts: Bloomberg