As WTI crude continues its protracted descent, now -1.4% to $86.55/bbl, oil is now officially in...
As WTI crude continues its protracted descent, now -1.4% to $86.55/bbl, oil is now officially in bear territory, BMO's Sal Guatieri says. Deutsche Bank also joins the sliding sentiment, as "physical fundamentals are also weakening with crude oil inventories on the rise." How low can oil go? "Following the 2008 credit crisis and global downturn, it bottomed at $31,” Guatieri recalls.
From other sites
at Benzinga.com (Jan 7, 2015)
at Nasdaq.com (Dec 30, 2014)
at Benzinga.com (Dec 19, 2014)
at Nasdaq.com (Dec 17, 2014)
at MarketWatch.com (Nov 30, 2011)
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