​WTI Holds Gains Despite Bigger Than Expected Crude Build – Tyler Durden

WTI Holds Gains Despite Bigger Than Expected Crude Build Oil prices closed higher for a fifth straight day as traders were sensitive to geopolitical headlines (from Israel) and the domestic election situation. The tension in the oil market is “palpable” as headlines around the U.S. election, turmoil in the Middle East, economic woes in China and a potential hurricane in the Gulf of Mexico “swirl,” Rebecca Babin, senior energy trader and managing director at CIBC Private Wealth US, told MarketWatch. “The reality of very short-term volatility has traders cutting risk and taking the shoot first, ask questions later approach the…  — Continue at ZeroHedge News : Read More