WTI Holds Losses After Big Surprise Crude Build Oil prices continue to decline on concerns that OPEC+ will once again bolster supply at a meeting on Sunday, compounding fears of higher volumes later in the year. Russian Deputy Prime Minister Alexander Novak subsequently said OPEC+ will “look at the current situation as a whole” before making a decision. Several delegates from the group said it has yet to decide on how to proceed. Additionally, API reported a surprise (though small) build in crude inventories API Crude +622k (-3.4mm exp) Cushing Gasoline -4.57mm Distillates +3.68mm DOE Crude +2.415mm (-3.4mm exp) Cushing +1.59mm – biggest build… — Continue at ZeroHedge News : Read More
