Nothing Is Going Oil’s Way
Posted on June 20, 2012 at 18:06 PM EDT
Wednesday was another bad day at the office for oil, which tumbled in face of bearish inventories data. The Federal Reserve also provided no help to oil’s cause. NYMEX-traded crude for July delivery fell $2.23 to $81.80 a barrel. That’s the lowest settlement price for the U.S. benchmark contract since early Octob. Read More --
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