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Oil retraces some losses after inventory decline

Sep. 27, 2016 4:41 PM ETUCO, USO, OIL-OLD, DBO, USL, UGA, UHN, DTO, OLO-OLD, SCO, DNO, BNO, UWTI, DWTI, OILX, SZOXF, OILBy: Stephen Alpher, SA News Editor26 Comments
  • The API reports an 832K barrel inventory draw vs. expectations for a build. Oil has added about a quarter on the news to $44.75 per barrel, but remains lower on the day by 2.5%.
  • USO +0.6% after hours
  • ETFs: USO, OIL, UWTI, UCO, DWTI, SCO, BNO, DBO, DTO, UGA, USL, DNO, OLO, UHN, SZO, OLEM, OILX

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