Wall Street Journal | Why oil can hover around $50, but not for long The Globe and Mail The current upward sloping shape of the WTI futures curve is helping support the crude price by making the process of storing oil and “selling forward” profitable. Large trading firms buy crude at the spot price and agree to sell it at a higher price ... US Oil Prices Fall to Six-Week Low The U.S. Has Too Much Oil and Nowhere to Put It Oil down as supply offsets dollar, Brent-US spread near week high |