EIA weekly US crude oil inventories -865K vs +877K expected

It's all about Trump and the Iran war today. There's a line of thinking that he will blame his advisors or others for the Iran war and look to wrap it up. In the post-mortems from the election, all sides are blaming an unpopular war and rising gasoline prices for the defeat. In contrast, Trump could go for broke on defeating Iran by escalating further in an effort to create a legacy.

WTI crude oil was last down $2.08 to $93.99 per barrel.

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