Tag Archives: cushing

WTI well below $100/bbl level

Yesterday’s EIA oil inventory report added to the growing bearish view for WTI. The EIA reported another huge build in crude oil for the week ending October 11th (see below for more details)…. Continue reading

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Oil prices lower after API report

The fundamentals took control of the short term oil price direction over the last two sessions even though there is still no sign that any of the massive QE programs are going to end anytime soon…. Continue reading

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