Commodity Trade Mantra

Posts Tagged ‘Cost of Crude Oil’

When "Rumor Becomes Reality" - This Is The Devastation Across The US Oil Patch

Trouble has been looming over the oil patch since crude prices began falling last summer, from over $100 a barrel to under $50 today. But only now are the long-feared effects of a bust starting to ripple through the complex energy ecosystem. Cutbacks aren’t yet reflected in broad data on employment, home sales or tax collections.

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