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Home > WTI Crude Crushed To $43 Handle "Flash-Crash" Lows After Genscape Data

WTI Crude Crushed To $43 Handle "Flash-Crash" Lows After Genscape Data

By Tyler Durden
Created 11/09/2015 - 10:14
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Submitted by Tyler Durden [1] on 11/09/2015 10:14 -0500



 

Oil was already weak this morning but the release of Genscape estimates of yet another siazable inventory build (1.8 million barrels) appears to have kicked the down-leg a notch lower. The overnight flash-crash lows are now in sight at WTI Crude trades with a $43 handle once again (and Dow Transports converge lower).

 

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And Trannies are catching back down once again...

[4]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-11-09/wti-crude-crushed-43-handle-flash-crash-lows-after-genscape-data

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