WTI Extends Losses After Surprise Crude Build, January Cushing Stocks At 2008 Lows

Jan 31st 2024 10:42am EST

WTI Extends Losses After Surprise Crude Build, January Cushing Stocks At 2008 Lows Oil prices were lower this morning, amid broad derisking after weak macro data and no immediate escalation in the Middle East. API Crude -2.5mm (-800k exp) Cushing -2.0mm Gasoline +600k (+1.4mm exp) Distillates -2.1mm (-800k exp) DOE Crude +1.23mm (-800k exp) Cushing […]

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