WTI Erases Losses After Bigger-Than-Expected Crude Draw

Jan 26th 2021 4:36pm EST

WTI Erases Losses After Bigger-Than-Expected Crude Draw Oil prices slipped today, despite a lower dollar, as growing concerns over the COVID variants trumped any vaccine-hyped return-to-normal hope.  Critically,  In China, a coronavirus flare-up is threatening fuel demand during the Lunar New Year period, with the government encouraging millions not to travel. “There’s a lot of demand destruction-type […]

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