Friday, 20 March 2015

West Texas Intermediate in free fall

OIL AND GAS
West Texas Intermediate in free fall
New York (UPI) Mar 18, 2015 - Concerns about a slow pace of economic recovery and a build in U.S. oil inventories pushed West Texas Intermediate prices to new lows Wednesday. WTI for April delivery dipped to a six-year low in Tuesday's session. A report from Genscape, a company that provides energy market data, said oil stored at a depot in Cushing, Okla., was at an all-time high, passing the previous record set in ... more


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