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WTI testing the $27 lows once again

Oil back on the slippery slope again

WTI is dropping down to the recent lows around $27.60 and is trading down to 26.37 as I type. Last night's API data shows that the tanks keep filling up

At 15.30 GMT we get the EIA data which is forecasting a 2.85m build in inventories

WTI Daily chart

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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