• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 17 hours How Far Have We Really Gotten With Alternative Energy
  • 22 hours Bad news for e-cars keeps coming
  • 12 days What fool thought this was a good idea...
  • 23 hours The U.S. Is Determined to Revolutionize Its Microchip Industry
  • 11 days A question...
  • 15 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 16 days They pay YOU to TAKE Natural Gas
ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

Crude Down Following Biggest Weekly Inventory Rise In 14 Years

Crude Down Following Biggest Weekly Inventory Rise In 14 Years

So much for last night's lower than expected API build, DOE data shows a massive build compared to the 3.95 mm barrels expected:

• *CRUDE OIL INVENTORIES ROSE 10.30 MLN BARRELS, EIA SAYS

This is the 8th build in a row and biggest weekly inventory rise in 14 years.

CrudeInventoryChange

This is the fastest inventory build EVER...

8WeekChange

and WTI has broken back below $50... Related: No Real Oil Price Relief Until Q3

APIDOE

Unambiguously good still?

By Zerohedge

ADVERTISEMENT

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News