WTI Crude Tumbles To $43 Handle As Demand Fears Grow
BR>
By Tyler Durden
Remember when the low oil price was an “over-supply” issue and nothing at all to do with the other side of the same coin – dwindling demand? Well it appears that reality is dawning that a record glut combined with tumbling global growth (confirmed by weakness in China PMI, US PMI, and now EU growth expectations) is sending crude prices lower, back to a $43 handle for the June contract…
Source: WTI Crude Tumbles To $43 Handle As Demand Fears Grow
Posted May 3rd, 2016 in Uncategorized.




