Crude Rallied as Stock Rose Less than Expected
Crude oil prices rallied as US inventory increased much less than expected whilst Cushing stockpile fell for the first time since last November. The front-month WTI crude contract rose to as high as 59.33 before settling at 58.58, up +2.66%. The Brent crude contract rose to a new 2015 high of 66.72 before ending the day at 65.84, up +1.86%.
Originally posted here:
Crude Rallied as Stock Rose Less than Expected

