Oil Prices

From MarketWatch:

Supply glut? Worries about waning demand? All of these factors may have contributed to crude oil losing nearly two-thirds of its value since its peak in June 2014. But a chart tweeted on Monday by Charlie Bilello, director of research at Pension Partners, highlights another key factor swaying crude’s gyrations.

MW-EJ992_dollar_20160411152602_NS

Yep, that pretty much says it all.

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