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  • WTI breaches $19 mark for the first time since January 2002.
  • Sell-off intensified as stop losses triggered below 19.00.
  • Dollar strength, oversupply concerns weigh heavily on US oil.

WTI (futures on NYMEX) saw aggressive selling over the last hour after the stops got triggered below a break of the 19 mark. The bears regained the 18 handle for the first time since January 2002.

more to come …