Oil Tumbles To 3 Week Lows After Unexpectedly Large Inventory Build
October 26, 2016 at 01:23 AM EDT
Having closed below $50 for the first time in 3 weeks, WTI Crude extended its losses to 3 week lows after API reported crude inventories rose by a bigger than expected 4.8mm barrels (more than double the 2mm expectation).