Bearish Backlash Drives Oil Prices Down

As Hurricane Irma approaches Florida, oil prices have fallen
again while the WTI/Brent spread has grown wider.  (Click to
enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)
(Click to enlarge) (Click to enlarge) (Click to enlarge)Friday,
September 8, 2017 Oil prices collapsed again on Friday as China
aims to reduce the capacity of its teapot refineries and Hurricane
Irma zeros in on Florida. This dramatic drop in oil prices has
ended several days of strong gains and created the largest spread
between WTI and Brent in two years.…

As Hurricane Irma approaches Florida, oil prices have fallen
again while the WTI/Brent spread has grown wider.  (Click to
enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)
(Click to enlarge) (Click to enlarge) (Click to enlarge)Friday,
September 8, 2017 Oil prices collapsed again on Friday as China
aims to reduce the capacity of its teapot refineries and Hurricane
Irma zeros in on Florida. This dramatic drop in oil prices has
ended several days of strong gains and created the largest spread
between WTI and Brent in two years.…