With Chinese growth still in question and IEA glut concerns weighing heavily, yesterday's bounce in crude (on lower US production) has been erased as it tests back to a $42 handle - at 6-year lows...
Charts: Bloomberg
With Chinese growth still in question and IEA glut concerns weighing heavily, yesterday's bounce in crude (on lower US production) has been erased as it tests back to a $42 handle - at 6-year lows...
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10861
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08/20150813_WTI.jpg