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Five charts that explain crude oil's sudden nosedive toward $45 - Economic Times
Economic Times | Five charts that explain crude oil's sudden nosedive toward $45 Economic Times Investors rushed to acquire bearish $45 and $46 bets for June WTI, but the futures price was also roiled by Mexico's state oil company -- known as Pemex -- deciding earlier this month to hedge some of its production in the options market. That forced ... Oil went through a flash crash overnight, putting an already fragile market on edge Oil's tumble tests hard-fought recovery at energy groups Oil hits five-month low amid warnings of commodities rout |
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