Oil prices are falling and analysts and market players are as eager as ever to explain the decline in accordance with their own bullish or bearish leanings it's a natural correction that was only to be expected after the buildup of long bets on crude oil and oil product futures, the bulls insist it's the start of a.
150219 oil prices fall
Brent fall below $70/barrel, wti dips below $65/barrel saudi arabia proposes long-term supply management withrussia shanghai crude sees high volumes, but also strongvolatilityby henning gloysteinsingapore, march 28 (reuters) - oil prices fell onwednesday, with brent falling back below $70 per.
Energy companies slid on monday alongside lower oil prices, as doubts linger over further global production cuts ahead of a key meeting of oil-producing nations marathon oil, range resources and devon energy led losses for the s&p 500 energy sector, falling 29 per cent to $1462, 28 per cent to.
Oil prices extended the previous sessions' losses on tuesday as financial markets remained volatile after a sharp sell-off in equities dollar strength and the onset of refinery maintenance season also weighed on futures crude oil futures sank in early morning trade as stock futures remained under.