WTI Crude Falls to 12-Year Low at $26.14 per Barrel

Updated on
  • Stockpiles at U.S. hub increase to 64.7 million barrels: EIA
  • WTI oil-price contango increases to widest in five years

WTI Crude Falls to Twelve-Year Low

Oil tumbled to lowest level in more than 12 years as crude stockpiles at the delivery point for New York futures expanded to a record.

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