Oil prices fell more than 2% on Wednesday, weakened by another unexpected rise in U.S. crude inventories. 

The EIA on Tuesday cut its forecasts for 2019 world oil demand growth, which also pressured oil futures alongside trade tensions between the United States and China, the world's two biggest oil consumers.

Meanwhile speculators cut their net long positions in U.S. Crude futures and options again in the latest week.

Where are commodity prices heading next?  Watch Phil Carr at The Gold & Silver Club review Crude Oil with the latest price forecast and predictions:

 

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