Bloodbath: Oil Plummets Amid Biggest Commodity Crash Since 2014
Zero Hedge -

Despite a massive crude inventory draw, that initially sent WTI higher, it appears the weight of anxiety over global demand - stoked by an escalating trade war - further augmented by a soaring dollar, has sparked an avalanche of selling in the energy complex.

“There’s no doubt that that uncertainty continues to weigh, not only on the crude oil markets, but really all markets,” said Brian Kessens, who helps manage $16 billion in energy assets at Tortoise.

Oil has settled a whopping $5.46 lower,...


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