Crude Slides Lower as Contradictory US Data Confounds Market

摘要

The sensitivity of oil markets to shifts in weekly US inventory data were made clear Wednesday as prices recovered from sizeable losses after numbers released by the Energy Information Administration (EIA) countered bearish signals from the American Petroleum Institute (API). Nymex September crude finished 21? lower at $65.40 per barrel, having dropped to $63.76 earlier in the day. September Brent on ICE Futures gained 34? to $67.21.