Oil got absolutely hammered today as inventories rose in Crude +2.8 million barrels, Gasoline rose +5 million barrels and Hat ros 3 million barrels. This led to the Oil meltdown from $72 to $69. The USD got back some of what it lost yesterday and now trades at $1.4450 Euro/USD. It looks like crude whats to push down to the $67 level again so we will see how the USD and equity markets play out in the next week.
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