It is the 20th of August 2017

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In Angry, Fiery Press Conference, Trump Says "Blame On Both Sides" For Charlottesville

During a fiery, impromptu press conference that was supposed to address Trump's infrastructure proposal but quickly veered off into an angry back and forth between President Trump and the media over Saturday's tragic events in Charlottesville, Donald Trump defended his initial response to the weekend violence in Charlottesville, saying he needed to "know the facts" before specifically calling out racist groups, shortly before stating there was “blame on both sides” for the violent clashes that erupted in Virginia over the weekend.

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WTI Lifts Towards $48 After Biggest Crude Inventory Draw Since September

WTI slipped back to almost a $46 handle today before bouncing modestly into the close ahead of tonight's API report, with all bullish eyes hoping last week's surprise gasoline build was a 'blip'. API reported a much larger than expected crude draw (biggest since Sept 2016) and while WTI rallied on the print, it was a very modest move (that for now failed to achieve $48) as we suspect the fact that gasoline saw another surprise build weighed on sentiment.

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