WTI Crude Slumps To $40 On Further OPEC Delegate Comments
by Tyler Durden
ZeroHedge.com
12/02/2015
Amid the biggest single-day drop in two months, WTI Crude has been hammred back to $40 once again as a cooling realization washes across the energy complex that Saudi Arabia will make no changes at this week’s OPEC meeting (delegate quoted as saying “OPEC unlikley to cut if non-OPEC is not cutting,”) leaving a grossly over-supplied (and over-leveraged Shale drillers) world to flounder…
The Rest…HERE
