Oil Algos Confused After Huge Crude Build, Record Production, & OPEC Demand Cut
Feb 12th 2020 10:34am EST
Oil Algos Confused After Huge Crude Build, Record Production, & OPEC Demand Cut Having briefly dropped back below $50 after API reported a significantly bigger than expected crude inventory build, WTI has roared higher this morning on ever-optimistic hopes that Covid-19’s impact has peaked and utterly disregarding OPEC’s slashing of its oil demand outlook for […]
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