Following last week’s shocking 1.75mm barrel build at Cushing, Genscape just reported an estimated 821k build which has stunned market participants apparently, sending WTI tumbling back to a $44 handle. Will this be the summer of 2015 oil re-run?
A 2nd week in a row of builds at Cushing..
Has sent cerude sliding…
via http://ift.tt/1Ob6WBp Tyler Durden