Crude Oil Mixed as Inventory Soared and World Bank Cut Price Estimates

Crude oil was mixed as Work Bank trimmed oil price forecast for this year and API estimated a huge increase in US inventory. The front-month contract for WTI crude oil dropped for a second consecutive, by -0.74% to 45.55, while the Brent contract added +0.21% to close at 48.71.

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Crude Oil Mixed as Inventory Soared and World Bank Cut Price Estimates