Talk Of Oil “Death Spiral” Emerges
by Tyler Durden
ZeroHedge.com
Jul 13, 2016
Lipow Oil Associates sees the start of a “death spiral” as “product inventories are high, margins come under pressure, refiners reduce crude runs and therefore the crude-oil glut grows to the point where someone wants to discount” to unload it–inspiring refiners “to kick up their runs again.” .
The Rest…HERE
