By SIMON CONSTABLE
Ouch! On the face of it, things look bad for the oil market.
That’s an easy conclusion to make from the epic dive crude oil futures prices took on Monday. But the bigger story is far more complicated than most would like to admit.
Most of the issue revolves around oil delivery rules and storage capacity issues specific to a single location in Oklahoma. Read more here.
Ouch! On the face of it, things look bad for the oil market.
That’s an easy conclusion to make from the epic dive crude oil futures prices took on Monday. But the bigger story is far more complicated than most would like to admit.
Most of the issue revolves around oil delivery rules and storage capacity issues specific to a single location in Oklahoma. Read more here.
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