WTI Holds Big Gains Despite Bigger-Than-Expected Crude Build
May 12th 2020 4:36pm EDT
WTI Holds Big Gains Despite Bigger-Than-Expected Crude Build Oil prices rallied (despite equity weakness) to their highest since early April today with WTI tagging a $26 handle after the Energy Information Administration revised down its 2020 and 2021 crude output forecasts in its monthly Short-Term Energy Outlook. “Production is indeed dropping and it might stay down for […]
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