Oil Slides Dragging Global Stocks, US Futures Lower, After Saudi Aramco Supply Comments
Monday, January 25, 2016 5:57
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from Zero Hedge
After the biggest two-day surge in oil in seven years, early in the overnight session both Brent and WTI continued their run for a third day, entering a bull market, 20% up from recent lows hit just last week (yet still 15% down on the year) when Saudi Arabia spoiled the momentum party after the world’s biggest crude exporter said it’s keeping up investments in energy projects while diesel consumption in China dropped for a fourth consecutive month, signaling an industrial slowdown.
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Source: http://financialsurvivalnetwork.com/2016/01/oil-slides-dragging-global-stocks-us-futures-lower-after-saudi-aramco-supply-comments/?utm_source=rss&utm_medium=rss&utm_campaign=oil-slides-dragging-global-stocks-us-futures-lower-after-saudi-aramco-su
