The Schork Team principal Stephen Schork discusses the selling price of oil and what it indicates for the economy.
China refineries processed a history sum of crude oil previous thirty day period, and now they are hunting to the U.S. to find crude.
Ticker | Protection | Last | Transform | Improve % |
---|---|---|---|---|
OIL | BARCLAYS Lender PLC IPATH ETN (18/04/41) CRUDE | 12.58 | -.18 | -1.45% |
China is searching to book oil tankers for August and September to ship at least 20 million barrels of U.S. crude, according to Reuters. The shift comes as there is growing strain on the Chinese to fulfill their commitments to