- The API late yesterday reported a 3M barrel build in domestic supplies, a number the EIA is expected to confirm in its own report at 10:30 ET.
- WTI crude (USO) is off 1.9% to $96.48, the lowest price since late June. Brent crude (BNO) isn't off nearly as much and the spread between the two has widened to a 6-month high of about $12 per barrel.
- Behind the stock build and lower U.S. prices could be refinery maintenance shutdowns. Fewer runs mean lower demand for crude, but also mean less product - gasoline and distillate supplies are both expected to print lower in the EIA report.
- ETFs: OIL, USO, DBO, OLO, USL, CRUD, UCO, DTO, SCO, SZO, DNO, UWTI, DWTI, BNO, UOIL, DOIL, UGA.
WTI crude at 4-month low as supplies rise
From other sites
at Nasdaq.com (Mar 26, 2015)
at Nasdaq.com (Mar 12, 2015)
at Benzinga.com (Feb 27, 2015)
at Nasdaq.com (Feb 26, 2015)
at Benzinga.com (Feb 23, 2015)
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