NEW YORK, May 17 (UPI) -- Crude oil prices moved lower in early Tuesday trading after U.S. data showed the consumer price index increased at its fastest pace in more than three years.

The index, which serves as a barometer to gauge inflation, increased 0.4 percent in April and, over the last year, rose 1.1 percent for all consumer items on a seasonally adjusted basis.

http://www.upi.com/Business_News/Energy-Industry/2016/05/17/Oil-prices-sink-on-demand-pressures/4341463492160/?nll=1

a misleading comment because all benchmarks crudes are UP.