Oil Hit By Inventories Data
Posted on April 18, 2012 at 16:29 PM EDT
New York, April 18th (TradersHuddle.com) – A surprising jump in U.S. oil inventories sent oil traders running for the exits on Wednesday and crude futures suffered the consequences. NYMEX-traded crude for May delivery tumbled 1.5%, or $1.53 lower, to close at $102.67 a barrel. In London, Brent crude lost 84 cents t. Read More --