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Home > Weakest Chinese Economy In 6 Years Sends WTI Crude Surging To Highest Since Dec 2014

Weakest Chinese Economy In 6 Years Sends WTI Crude Surging To Highest Since Dec 2014

By Tyler Durden
Created 04/15/2015 - 08:10
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/15/2015 08:10 -0500



 

So the Chinese economy is weakest in 6 years, there is a record inventory, near-record production, and record drop in rig count... and now WTI Crude has surged to its highest since Dec 2014 (running stops above last week's highs).

 

WTI highest since Dec 2014

[3]

 

Which all started after Chinese data hit...

[4]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-04-15/weakest-chinese-economy-6-years-sends-wti-crude-surging-highest-dec-2014

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[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10861
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/04/20150415_crude.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/04/20150415_crude1.jpg