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Crude Oil Under Pressure, US CPI Misses Estimate

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 20, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US Crude has posted slight losses on Wednesday, as February futures are trading at $28.44 a barrel in the North American session. In economic news, CPI posted a weak reading of 0.1%, short of the estimate of 0.0%. Building Permits dipped in December, but managed to beat expectations. Weak US inflation[​IMG]

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