Crude Slumped As US GDP Disappointed and Gasoline Inventory Soared for First Time since January
Crude oil slumped as the first print of the US 1Q14 GDP surprised to the downside. Yet, this has not changed the Fed's decision to taper further. Meanwhile, gasoline and distillate inventories in the US rose more than expected, raising concerns about the demand outlook.
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Crude Slumped As US GDP Disappointed and Gasoline Inventory Soared for First Time since January

