​Oil Slides Despite Huge Draw Sending Total US Crude Inventories To 2024 Low – Tyler Durden

Oil Slides Despite Huge Draw Sending Total US Crude Inventories To 2024 Low With oil trading at 2024 lows, despite a report earlier denying last week’s Reuters fake news that OPEC+ would hike output in October which sent oil prices tumbling, and despite last night’s API report that a whopping 7.4 million in crude oil were drawn in the past week with draws also in all other categories, moments ago the DOE confirmed what we warned recently, namely that as CTAs – and the Kamala/Biden oil trading desk – are aggressively shorting oil into oblivion, oil demand remains resilient and…  — Continue at ZeroHedge News : Read More