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Crude Plunges To 2-Week Lows On Biggest Crude Inventory Build In Over 6 Months
Thursday, October 15, 2015 12:40
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zerohedge.com / by Tyler Durden on 10/15/2015 11:08
While less than API’s huge 9.3mm barrel build reported last night, DOE reported a 7.56mm barrel inventory build – the largest in over 6 months. This is the highest crude stock level seasonally on record. Crude prices dipped on the news but rallied back to pre-data levels – though are notably holding on to the losses from the API print… even as production dropped notably week-over-week.
Biggest crude build in 6 months…
The post Crude Plunges To 2-Week Lows On Biggest Crude Inventory Build In Over 6 Months appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/10/15/crude-plunges-to-2-week-lows-on-biggest-crude-inventory-build-in-over-6-months-2/
