World Bank cuts oil price estimate, page-3

  1. 2,317 Posts.
    Highest build up of crude inventories since April last year - Forecast 3.5M Actual 11.4M barrels. If it doesn't push oil lower then this data is certainly going to put a lid on any further increases. That's while the market foolishly believes OPEC will come up with some solution to this supply situation.

    http://www.investing.com/economic-calendar/api-weekly-crude-stock-656
 
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