OIL FUTURES: Crude traces equities lower, shrugging off US inventory draw
This post was originally published on this siteCrude moved lower during midmorning New York trading May 18 as renewed weakness in US equity markets offset a larger-than-expected US inventory draw. At 1453 GMT, NYMEX June WTI was down $1.07 at $111.33/b and ICE July Brent was down $1.10 at $110.83/b. US commercial crude stocks fell […]
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