WTI Holds Near 18 Year Lows After Inventory Build, Record Production

Mar 18th 2020 10:36am EDT

WTI Holds Near 18 Year Lows After Inventory Build, Record Production With Russia-Saudi (supply) standoff continuing and the global demand suck as nation by nation locks down from Covid-19, oil prices collapsed to their lowest since 2002 (with WTI trading with a $24 handle)… API Crude -421k (+3.1mm exp) Cushing +66k Gasoline -7.8mm (-2.4mm exp) […]

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