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Articles That Matter:

Oil Supply Continues To Expand
by Geoff Garbacz

October 24, 2018

Oil futures are lower again as the American Petroleum Institute (API) saw a build of inventories after the close. The price of oil peaked in early October and is now off by -12%.

As such, energy stocks are moving lower. Probably not a good time to be adding to names in this sector as the price of crude has a high correlation to stock price.

Oil Move

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