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Crude Slides as Crude Inventories Post Surplus

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 31, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    WTI Crude has reversed directions on Wednesday, as crude futures trade at $36.71 per barrel in Wednesday's North American session. In economic news, Crude Oil Inventories surprised the markets with a surplus of 2.6 million. Pending Home Sales came in at -0.9%, well below expectations. Crude oil prices have dropped sharply[​IMG]

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