Wednesday, 1 March 2017

WTI/RBOB Tumble As US Crude Inventories Hit New Record High, Production Surges

WTI/RBOB Tumble As US Crude Inventories Hit New Record High, Production Surges

zerohedge.com / by Tyler Durden / Mar 1, 2017 10:40 AM

After API’s surprise gasoline build (sending RBOB prices lower), DOE reported a draw (though smaller than expected) but crude saw the 8th weekly build in a row – pushing US crude inventories to a new record high. Production continued to surge (above 9mm)

March 01, 2017 at 05:30PM

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