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Oil dropped to the lowest in seven months, with both Brent and WTI sliding to prices not seen since November, following a burst of volume just after 6am, amid a revival in output from Libya and rising volumes of fuel held in floating storage, althoug
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Before hitting the hay we need to call a big B.S. on the bastard 'bots from Rip (Off) City. They screwed us again yesterday (June 14) in crude oil futures.
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The Trump Administration is reportedly considering plans to sell off about half of the Strategic Petroleum Reserve (SPR), which is the federal government's nearly-700 million barrel stockpile of crude oil.
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Mexico City is making moves to secure its annual oil price hedging program, according to sources familiar with the process who spoke to Bloomberg.
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IS BIG OIL PLANNING ITS OWN FUNERAL?
