Tag: profiting from crude oil

Oil Collapse: Now What?

| October 13, 2014 | 0 Comments
Oil Collapse:  Now What?

Wow…  Last week was a whopper for West Texas Intermediate (WTI) crude oil.   The essential commodity collapsed to $83 a barrel in last Thursday’s extended hours trading.  That’s a 7.7% downturn on the week and the lowest price in nearly two and half years.  Brent crude, which is considered the global benchmark, plunged to $88.50- […]

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