Friday, March 10, 2017

It's Been A Bad Week For Energy

Wednesday's oil smackdown continues in Thursday trading

WASHINGTON, March 9, 2017 – All of a sudden, crude oil prices have reversed field and are, at least temporarily, in the midst of a Wile E. Coyote-style cliff dive. Stocks and market averages have been following suit, and as of Wednesday's close, the carnage was increasing. Thursday trading action provided a marginal respite, though crude…