$40 Oil Prices Coming into View Once Again
An inventory build of 4.2 million barrels (MMBO) pushed down the price of West Texas Intermediate (WTI) by nearly 3% in Thursday trading, increasing the United States’ crude stockpile to more than 487 MMBO overall.

Crude oil inventories have now increased on a weekly basis for the last seven reporting periods, adding more than 33 MMBO (about 7%) since September 18, 2015. The latest inventory report is the fourth highest in 2015, trailing stockpiles in late April – early May that saw the number ecli...

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