WTI/RBOB Sink After Biggest Gasoline Build In 7 Months, Production Hits New Cycle High
August 09, 2017 at 12:25 PM EDT
Last night's mixed bag from API has been dominated by 'war premium' in oil prices as WTI bounced off $49 ahead of the DOE report which confirmed that gasoline inventories surprisingly built - the biggest build since January.