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Crude Slides After API Shows Another Inventory Build

By Tyler Durden
Created 06/02/2015 - 15:42
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 06/02/2015 15:42 -0500



 

Just when everyone thought it was fixed, crude inventories start building again as API reports (for the 2nd week [5]):

*API SAID TO REPORT CRUDE SUPPLIES ROSE 1.8M BBL LAST WEEK

This follows a surprising 1.3 million barrel build last week reporrted by API. WTI slipped back to $61.00 after hours...

 

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Source URL: http://www.zerohedge.com/news/2015-06-02/crude-slides-after-api-shows-another-inventory-build

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[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/9919
[3] http://www.zerohedge.com/taxonomy_vtn/term/10861
[4] http://www.zerohedge.com/taxonomy_vtn/term/10417
[5] http://www.zerohedge.com/news/2015-05-27/crude-craters-after-api-reports-disappointing-inventory-build
[6] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/06/20150602_API.jpg