Crude Oil Falls Ahead of Inventory Report

Crude Oil Falls Ahead of Inventory Report

Crude Oil (WTI) – $75.06 // $0.09 // 0.12% Commentary: Crude oil fell for the fifth time in six sessions on Tuesday, shedding $1.34, or 1.79%, as the October contract rolled off the board. November now takes the reign as prompt, but other than the $1.45 boost in prices, nothing has changed. Crude oil continues […] [...more]

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Crude Oil Tumbles on Dismal Data

Crude Oil Tumbles on Dismal Data

A significant drop in equity markets sent crude oil tumbling on Thursday. The commodity fell $0.99, or 1.31%. Markets are now intensely focused on the U.S. economy and the likelihood of a double dip recession. Economic readings only bolstered the bears’ case, as jobless claims surpassed 500,000 for the first time since November 2009 and […] [...more]

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