CRUDE SUMMARY: Crude prices slosh as markets screech on oil crash, dollar crunch, Fed rate slash

摘要

LONDON (ICIS)--Oil was locked in a narrow price range on Wednesday, barely responding to data from oil and gas lobby API showing an increase in crude inventories. The post-supply shock bullishness fizzled out after Saudi Aramco cooled off the market and made reassuring statements about the expected repair timeline for its damaged infrastructure.