Crude oil firmed with the huge build-up of US inventory offset by strong US and European data, as well as bullish comments by Saudi’s oil minister that oil market would balance and prices would stabilize. The front-month contract for WTI crude oil rose for the 4th consecutive day and gained +2.0%.
Here is the original:
WTI Price Soared Despite +10 mmb Increase in Crude Inventory
Leave a Reply
You must be logged in to post a comment.