Nymex crude oil futures have plunged ~2.5%, as a large block of trades fueled rumors that a...
Nymex crude oil futures have plunged ~2.5%, as a large block of trades fueled rumors that a commodity fund was forced to liquidate. But it doesn’t take a conspiracy theory to see why oil prices are taking a hit: U.S. supplies are rising and will continue to do so while shipments on the Seaway pipeline run below the daily capacity of 400K barrels. Plus, in a market filled with speculators, a correction is in order.
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at Nasdaq.com (Mar 26, 2015)
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at Benzinga.com (Feb 27, 2015)
at Nasdaq.com (Feb 26, 2015)
at Benzinga.com (Feb 23, 2015)
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