The Crude Oil Trader's Blog – February 2016 Archive (1)

Here’s Why Crude Oil Stocks Haven’t Bottomed Yet

By Justin Spittler

Oil companies are hemorrhaging money. The oil market is in its worst downturn in decades. The price of oil has plummeted 72% since June 2014. Oil is trading below $30 a barrel for the first time since 2003.

If you’ve been reading the Dispatch, you know the world…

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Added by The Crude Oil Trader on February 5, 2016 at 5:19am — No Comments

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