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Oil snaps four-day rally; glut back in focus with US crude builds - Reuters
Reuters | Oil snaps four-day rally; glut back in focus with US crude builds Reuters U.S. crude CLc1 shaved off more than a quarter of the nearly 20 percent gain it had made since Thursday's close, slumping more than 5 percent, or $2.80 a barrel, to $50.25 by 11:20 a.m. EST. At one point, it almost broke below $50. Brent oil LCOc1 lost ... And now oil is crashing The Oil Rally Stalls In Face Of Supply Glut Is this oil rally the real deal? |
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