Spiking Crude Oil Inventories Signal Potential Bear Market
This article was originally published on ETFTrends.com.
Crude oil prices dropped Wednesday, and according to experts are now on track to enter a bear market, as U.S. data revealed a weekly crude supply climb of almost 7 million barrels, to their highest level in nearly two years. Crude prices plunged over 3 percent during Wednesday’s trading session, but did rally back a [...]