Crude Oil Inventory Balloons but Gasoline, Diesel Inventories Fall
Crude inventories ballooned this week according to API inventory data, but the build in crude inventories came along with declines in gasoline and distillates
Source: oilprice.com
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What Caused the Recent Drop in Oil Prices? Goldman Trader Chimes In
Goldman Sachs' trading desk attributes the recent plunge in oil prices to a combination of weaker physical markets, decreased Middle East risk premium, and other market dynamics.
Source: oilprice.com