WTI Crude Crashes Into The $50s

Thursday, December 11, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/11/2014

Zee overnight stabilitee (and brief dead-cat-bounce this morning) has turned into a renewed bout of selling pressure and for the first time since July 2009, WTI has broken below the $60 level. Canada Heavy is trading $42.10 (down almst $4 today!), its lowest since April 2009. Energy credit spreads are wider once again, now at +952bps.

The Rest…HERE

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