Oil fell after EIA report shows U.S. crude supplies surged the - TopicsExpress

Oil fell after EIA report shows U.S. crude supplies surged the most in almost 14 years! Inventories up 10.1 million biggest gain since 2001. And new added capacity is still coming on in 2015, even as old outdated wells are shut down... AKA, oil has not reached its bottom of 2015... And with major USA refineries shut for annual maintenance (switching from refining heating oil to gasoline), you can also expect gas pump prices to fall further as well (if things continue as is)... youtu.be/AD-eWmcwC4o

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