Business Insider | Here's how insanely volatile oil prices have been this year Business Insider For a sense of how epic oil trading is shaping up to be in 2016, the Chicago Mercantile Exchange announced earlier today that it saw a trading volume record on Tuesday for West Texas Intermediate light sweet crude oil futures on as 1.6 million ... Oil looked like it might rebound. Not anymore As oilsands punished, tanker loads of cheap Saudi oil sail into Canadian ports daily OPEC Production Cut Unlikely Until US Oil Output Falls Another Million Barrels Per Day |