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Why US Oil Prices Are So Out Of Sync With Global Crude

Investing News Network
Jun. 13, 2011 05:31PM PST
Resource Investing

CNBC reports that traders believe that 2 percent slide in U.S. oil futures on Monday, is due the weakness in global economy.

CNBC reports that traders believe that 2 percent slide in U.S. oil futures on Monday, is due the weakness in global economy.

The market news is quoted as saying:

Brent crude and other U.S. grades of oil haven’t mirrored the plunge at all.

Click here to access the entire market news

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