Current /CL:NMX Stock Info

Inventories Climb for 10th Straight Week
The spot price for West Texas Intermediate (WTI) closed at $40.20 on December 2, 2015, dipping below the $40.00 threshold momentarily in day trading. The closing price is the lowest since August 26, and has not exceeded the $50.00 mark since July 21. WTI has lost 13% of its value in the last month, falling from $46.14 on October 2.

Prior to the drop, the Department of Energy estimated crude oil storage increased for the tenth straight week to 489,424 MBO – the second highest in history. The record of...


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