Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By MTECHTIPS
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

MTECHTIPS:-Crude prices down in Asia as API reports larger than expected build

Wednesday, November 9, 2016 7:54

% of readers think this story is Fact. Add your two cents.

MTECHTIPS:-Crude prices down in Asia as API reports larger than expected build

MTECHTIPS- U.S. Crude oil prices slumped in Asia on Wednesday as investors awaited U.S. presidential election results and noted a larger than expected build in U.S. industry inventory estimates. Crude oil for December delivery on the New York Mercantile Exchange slumped 1.56% to $44.28 a barrel. Brent oil for January delivery on the ICE Futures Exchange dropped 1.0% to $45.45 a barrel. The American Petroleum Institute (API) estimates released late Tuesday showed an inventory build of 4.4 million barrels, comiong on top of a 9.3 million barrels increase the previous week, and was significantly higher than the expected build of around 1.1 million barrels. Gasoline inventories fell 3.6 million barrels in the week, the same draw as seen the previous week, and distillate inventories fell 4.3 million barrels, the fifth successive substantial weekly draw. Official data from the Energy Information Administration will be released Wednesday. Results filtered out on Tuesday evening in the U.S., but key battleground states remained too close to call. Results will be declared state by state. If the outcome is clear, the television networks are expected to make their official call at 11:00 PM ET (04:00 GMT Wednesday).

WWW.MTECHTIPS.COM

07489294118-119

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,605,711,833
Stories:	8,138,082