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Home > WTI Follows Algo-Idiot-Inventory Template: Slides Back Below $50

WTI Follows Algo-Idiot-Inventory Template: Slides Back Below $50

By Tyler Durden
Created 02/26/2015 - 08:07
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Submitted by Tyler Durden [1] on 02/26/2015 08:07 -0500



 

Yesterday we exposed the deja vu-ness of the API vs DOE inventory price moves in WTI. Today we begin to get some confirmation as a growing divergence between excess supply (and weak demand) for WTI and rising demand for Brent push the spread over $11 and the contango above $2...

 

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Source URL: http://www.zerohedge.com/news/2015-02-26/wti-follows-algo-idiot-inventory-template-slides-back-below-50

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