WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018
link : WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018

WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018

Apparently it took a couple of hours to sink in, the weekly data released earlier today, but now traders have had a chance to look at this data:

• gasoline demand; and, 
• US crude oil inventories now over 450 million bbls; no sign of re-balancing

Initially, the price of WTI didn't show much change, but now, near the close of the trading day, WTI is down 2.6%; down $1.34; and, now just 22 cents above $50/bbl.

We could see WTI going below $50 by the end of the week. From there ... ?

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on anything you read here or think you may have read here.

https://ift.tt/2dZyQXu

Thus Article WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018

That's an article WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article WTI Slumps (Again) -- Now, Just 22 Cents Above $50/Bbl -- November 28, 2018 with the link address https://mylivemyidea.blogspot.com/2018/11/wti-slumps-again-now-just-22-cents.html

Tweet

Subscribe to receive free email updates: