The Traderszone Network

Published in TZ Latest News 7 October, 2014 by The TZ Newswire Staff

Crude Prices Hit 17-Month Low; Supply Glut Seen

West Texas intermediate crude ended at a 17-month low before a government report that may show U.S. inventories rose last week. WTI’s discount to Brent widened. U.S. crude inventories expanded by 2 million barrels in the week ended Oct. 3, a Bloomberg News survey showed before Energy Information Administration data Wednesday.

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