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Crude Oil: Wednesday, February 24

Posted on: February 24, 2016

WTI tumbled in the first day of April's reign as prompt future, with said front future settling down $1.52 at $31.87. Saudi Arabia squashed the thought of any production cuts, while Iran told everyone where to shove it.

API showed a large build after the settle yesterday which has the selling continuing in trading this morning.


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