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Oil slides; focus turns from Canada fire to U.S. stockpiles

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Oil slides; focus turns from Canada fire to U.S. stockpiles
10 May 2016, New York — Oil prices tumbled on Monday on expectations that U.S. crude inventories would again build to record highs, taking the market’s focus off swooning Canadian oil output due to raging wildfires. Brent settled almost 4 percent lower, with U.S. crude down almost 3 percent. In early trading, oil rallied more […] More »
Oil slides; focus turns from Canada fire to U.S. stockpiles Oil slides; focus turns from Canada fire to U.S. stockpiles Reviewed by Crude Oil Facilitators on 15:28 Rating: 5

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