US Crude Slides as Crude Inventories Increase

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    US crude has posted sharp losses on Wednesday. In the North American session, WTI/USD futures are trading at $42.05. Brent crude has dropped to $44.18, as the Brent premium stands at $2.13. On the release front, Crude Oil Inventories was unexpectedly strong, posting a surplus of 1.1 million barrels. JOLTS[​IMG]

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