Unexpected Decline in US Inventory Contained Oil's Retreat; Tax Reform Plan Awaited
SalvadorMorelandOil prices pulled back after the previous day's rally. The front-month WTI crude oil contract dropped -0.65% while the Brent contract fell -0.98% for the day. The surprisingly decline in US inventory released after market helped contained the retreat. In the precious metal complex, the benchmark Comex gold and silver contracts were down -0.75% and -1.49% respectively.
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Unexpected Decline in US Inventory Contained Oil's Retreat; Tax Reform Plan Awaited
