Crude Plunges After API Reports Biggest Inventory Build Since 1996
Submitted by Tyler Durden on 01/26/2016 – 16:39
After a day of exuberant hope from rumors of production cuts, WTI crude is plunging back to reality as API reports a stunning 11.4 million barrel inventory build. This is the biggest weekly build since May 1996.
In addition. AAPL not responding well to Tim Cook’s conference call….maybe he should go see the Pope again and pray…