Crude oil futures drop after failing to break 50-day moving average; bearish momentum eyes $59.60 support. API reports a surprise 4.3M barrel crude inventory build, reinforcing short-term bearish ...

Investing.com -- U.S. crude oil futures slipped below post-settlement ... 9, compared with a draw of 4.5M barrels reported by the API for the previous week and confounding expectations for a ...