API Reports 1.78 Million Barrel Inventory Build, WTI Oil Price Continues To Correct Lower

The data will unsettle confidence to some extent, although judgement is likely to be reserved until after the official data, especially as the EIA data two weeks ago registered a significant draw in stocks despite the reported API build. Gasoline was reported as a draw of 4.8 million barrels foll...
API Reports 1.78 Million Barrel Inventory Build, WTI Oil Price Continues To Correct Lower