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US Crude Slides as Crude Inventories Jump

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 24, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US crude has reversed directions on Wednesday and has posted sharp losses. In the North American session, WTI/USD futures are trading at $46.75 per barrel. Brent crude futures are trading at $48.88, as the Brent crude premium has widened to $2.13. In economic news, Crude Oil Inventories surprised the markets[​IMG]

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