Crude Oil prices spiked higher, yesterday, as those who sold everything, betting on a debt default, covered everything, due to the debt deal. WTI prices surged back above $102, which is the bottom of the painfully long running range between $102 and $109, which has persisted, since mid-July. The weekly inventory report, in the form the API report, last night, showed a substantial increase US crude oil inventories…
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