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World Bank cuts oil price estimate, page-4

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wombat53

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27/01/16

09:42

Post #: 16873388
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Originally posted by grandcaruso ↑

Highest build up of crude inventories since April last year - Forecast 3.5M Actual 11.4M barrels. If it doesn't push oil lower then this data is certainly going to put a lid on any further increases. That's while the market foolishly believes OPEC will come up with some solution to this supply situation.

http://www.investing.com/economic-calendar/api-weekly-crude-stock-656

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Yep...and later tonight we get EIA Petroleum Status Report (US).
A BIG news day overnight.
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