Just what the crude oil market needs.
But look how the bonds got manipulated up 24% in one minute at the close.
Whiff of short-term capitulation. But crude oil fundamentals not promising.
Investors buckled, but the country’s plight is only getting worse.
The chart shows what a truly relentless glut looks like.
Oil Soars as Saudi Energy Minister Uses Oldest Trick: Talking his Book.
Commercial real estate in Calgary, the epicenter of the Canadian oil bust with 1.2 million people, is collapsing at a breath-taking rate.
In War for Market Share with US shale oil.
The worst plunge since the Financial Crisis.