Crude rally fades as inventories come into focus

WTI crude oil rallied hard yesterday with the market seeing significant short-covering from funds who have stepped up selling in recent weeks. Improved risk appetite on fading Brexit concerns and speculation about additional stimulus helped offset short-term concerns about an oversupply of crude oil and products.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/crude-rally-fades-as-inventories-come-into-focus-7911762?utm_medium=tf4-feed&utm_source=extract