The chart shows what a truly relentless glut looks like.
In War for Market Share with US shale oil.
It’s a sign of how bad things are that we feel optimistic about $35 oil.
This is going to be a far larger problem than Wall Street realizes.
Why Oil Keeps Falling off the Chart.
Crude oil inventory buildup points at a potential fiasco by next spring.
The “liquidity death spiral.”
Greatest oil glut in history exacts its pound of flesh.
No one backs off. Price plunges.