Oil extended losses after a surprise jump in American crude inventories alleviated concerns over a supply crunch. Source: Oil Extends Losses
The Silence Before The Storm In Oil Markets
With oil production plunging in Venezuela and Iran, tension in the Middle East at its highest point in years, and the threat of further outages in Libya, why are oil prices not trading higher? Even price volatility has been rather low, a surprising feature of a tight market rife with...