- WTI crude oil is off 5% on the session to $48.46 per barrel, erasing gains this month which had taken it above $54.
- Crude was able to shrug off yesterday's bearish supply number, but a weaker-than-expected draw on natural gas supplies reported today has sent the nattie down 5.8% and perhaps is dragging oil along.
- ETFs: USO, OIL, UCO, SCO, BNO, UGA, DTO, DBO, UWTI, USL, DWTI, UHN, DNO, SZO, OLO, TWTI, OLEM