19-04-2017 21:26 via feedproxy.google.com

Oil has its worst day since March

Oil's worst day since March is in the books.
West Texas Intermediate closed down 3.99%, or $2.09, at $50.26 a barrel after US oil inventories fell less than expected while gasoline supplies jumped by more than expected. 
The US Energy Information Administration reported that crude oil stocks fell by 1 million barrels, less than the 1.5 million drawdown that was expected.
Supplies of gasoline climbed for the the first time in several months. Stockpiles rose 1.5 milli
Read more »