Quotes from the news wire:
The market reaction was abruptly stronger due to the fact that we were so far away from industry estimations in the way of a net build, the upward trend from optimistic demand expectations such as from recent developments like U.S.-China trade deal has the ability to stay intact after these figures.
WTI and Brent today have fallen from intraday highs as market watchers become uneasy by the long wait for the OPEC meeting to conclude, a sign that there could be some form of disagreement.
Found on Reuters 4 years ago
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