WTI Rally Stalls On Crude Build, White House Hints At SPR Release
Zero Hedge - 2024-04-16T20:40:00.000Z

WTI Rally Stalls On Crude Build, White House Hints At SPR Release Oil prices fell for the second day in a row (albeit very modestly today) as the 'WW3-on / WW3-off' headline-swings (supply) are wearing on traders, and less-and-less dovish expectations for The Fed weigh on demand expectations "Oil traders are hunkering down as bears are increasingly afraid to bet on lower prices," Phil Flynn, senior market analyst at the Price Futures Group, told MarketWatch. At the same time,...

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In related news

White House urges Hamas to release hostages as relatives meet with Harris

Trump says White House staff had to convince Biden not to release pre-recorded message on Israel and claims Iran would never have attacked if he was president: 'This is no time for a taped speech'

White House declines invite for Biden to testify in House Oversight impeachment inquiry