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WTI Crude Crashes Below $40 On OPEC Delegate “No Cut” Comments
Wednesday, December 2, 2015 12:35
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Amid the biggest single-day drop in two months, WTI Crude has been hammred back below once again as a cooling realization washes across the energy complex that Saudi Arabia will make no changes at this week's OPEC meeting (delegate quoted as saying “OPEC unlikley to cut if non-OPEC is not cutting,”) leaving a grossly over-supplied (and over-leveraged Shale drillers) world to flounder …. http://www.zerohedge.com
Source: http://luismmx.blogspot.com/2015/12/wti-crude-crashes-below-40-on-opec.html
