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Crude Oil Corrects Lower On Inventory Build

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 27, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Crude oil remained in rout for the second straight day on the basis of the current inventory build within crude storage facilities. Subsequently, WTI CLF6 futures fell strongly and are currently trading around the $42.50/b level. The impetus for the big move was a report by the U.S. Energy Information[​IMG]

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