WTI Extends Gains As Cushing Hub Stocks Hit Lowest For Time Of Year Since 2008
Oil prices are higher this morning on the prospect of US-China trade talks (and after better than expected China macro data last night and an implicit suggestion that Beijing will do ‘whatever it takes’ to maintain the illusion of 5% growth). Prices shrugged off the surprise build in crude stocks reported by API last night.
Elsewhere, Iran said it won&rsquo…
WTI Extends Gains As Cushing Hub Stocks Hit Lowest For Time Of Year Since 2008
April 16, 2025