The oil bulls are in for a rough ride as the oil price crash shows no signs of reversing. Brent and WTI crude have both tumbled below $100/bbl for the first time in months as fears of a global economic slowdown as well as an overly strong dollar continue to rout commodities and stocks. Brent crude was trading at $99.
14/bbl at 1000 hrs ET in Wednesday's intraday session, while WTI was changing hands at $95.90/bbl, marking the third consecutive day of declines. Oil then swung to a gain before dipping again around noon. Also weighing on…Brawny Dollar Weighs On Oil Prices
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