Oil has its worst day since March

Oil's worst day since March is in the books.West Texas Intermediate closed down 3.99%, or $2.09, at$50.26 a barrel after US oil inventories fell less than expected whilegasolinesupplies jumped by morethan expected.The US Energy Information Administration reported that crude oil stocks fell by 1million barrels, less than the 1.5 million drawdown that was expected.Supplies of gasoline climbed for the the first time in several months. Stockpiles rose 1.5 million barrels versus expectations of a2 million barrel decline. Click here for a real-time WTI Oil chart.Join the conversation about this storyNOW WATCH: Forget the iPhone 7 ' here are 13 reasons the next iPhone will blow everyone away
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