WTI Tumbles To $42, Brent Below $45 As Credit Crashes
High yield energy credit markets are in trouble again, with risk now at its highest level in 7 months.
Despite this morning’s Iran-hyped OPEC bullshit and a small draw in Gasoline, it appears the reality of surging US shale production and lagging demand is weighing down oil (and gasoline) markets…
Since OPEC announced its production cut extension, the crude curve has crashed at the front-end…
Macquarie’s head ofoil & gas research warns…
- ‘A WHILE’ BEFORE OPEC TAKES BACK CONTROL OF MARKET
- ‘HUGE WAVE’ OF U.S. SHALE OFFSETTING OPEC CUTS
Brent crude extends drop falling below $45/bbl for the first time since November 15.
Source: http://silveristhenew.com/2017/06/21/wti-tumbles-to-42-brent-below-45-as-credit-crashes/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).