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Crude Oil Inventory Build Hides Deeper Issues

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    This week's Crude Oil inventory figures showed a large draw on reserves which would usually give the Oil bulls cause for celebration. So why was Oil sold down to a fresh 7 year low? The weekly Energy Information Agency (EIA) Inventory data showed a large draw of -5.08m barrels of[​IMG]

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