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
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