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
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.
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.
Mexico City is making moves to secure its annual oil price hedging program, according to sources familiar with the process who spoke to Bloomberg.
IS BIG OIL PLANNING ITS OWN FUNERAL?