Panic-Buying Sends WTI Crude To $35 After Dismal DOE Data

Because nothing says buy it with both hands and feet like the biggest inventory build in 11 months….

The machines have it all under control…

 

We assume the excuse for this is a 2.6% YoY drop in production but seriously with demand collapsing (and Iran/Iraq supply), this is irrelevant for now.

Or did The BoJ BTFD??

via Zero Hedge http://ift.tt/1LVgpeI Tyler Durden