WTI Extends Losses After API Reports Big Crude Build
January 18, 2023 at 16:46 PM EST
Oil prices tumbled today. Overnight saw gains on the heels of China reopening hope (and optimistic IEA forecasts for 2023 demand) and then dumped it all back and then some during the US day session as macro data signaled a harder landing than so many have hoped for. “Oil’s rally could not last after energy […] Source
