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Home > WTI Crude Jumps After API Reports Unexpected Inventory Draw

WTI Crude Jumps After API Reports Unexpected Inventory Draw

By Tyler Durden
Created 09/15/2015 - 15:39
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 09/15/2015 15:39 -0500



 

After 2 weeks of inventory builds (and production drops), API reports an unexpected 3.1 million barrel inventory draw (with Cushing drawing down 1.5mm bbl). Crude surged back above $45 on the news...

 

[3]

 

and the reaction...

[4]

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-09-15/wti-crude-jumps-after-api-reports-unexpected-inventory-draw

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