Oil Slicked
Posted on May 30, 2012 at 22:10 PM EDT
Simply put, no one wants any part of oil or oil equities in this market environment. It’s just one day, but Wednesday’s action proves as much. NYMEX-traded crude for July delivery fell $2.94, or 3.2%, to settle at $87.82 a barrel. That’s the lowest closing price since October. In London, Brent crude dropped $3.. Read More --
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