WTI OIL Outlook: Oil Remains In Defensive After 5.7% Drop On Surprise Crude Stockpiles Build

<p>WTI oil consolidating on Thursday after falling 5.7% previous day (the biggest one-day drop since 27 Mar). Oil price was hit by unexpected and strong build in US crude stockpiles (API report on Wednesday showed 8.7 million barrels rise against previous week’s draw of 4.8 million barrels). The data dampened hopes of demand recovery after […]</p>
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