WTI Crude Tumbles To $43 Handle As Demand Fears Grow

Tuesday, May 3, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
05/03/2016

Remember when the low oil price was an “over-supply” issue and nothing at all to do with the other side of the same coin – dwindling demand? Well it appears that reality is dawning that a record glut combined with tumbling global growth (confirmed by weakness in China PMI, US PMI, and now EU growth expectations) is sending crude prices lower, back to a $43 handle for the June contract…

The Rest…HERE

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