11/19/08 The combination of a surplus in energy supplies, poor US economic data, & plunging global markets leading to falling energy demand, light-sweet crude traded below $54 this session and has since fell more than 63% during the past 4 months.
NYFP | November 19, 2008
Tags:. .surplus. .crude. .plunging. .supplies. .data
Below Combination Crude Data Demand Drop During Economic Energy Falling Fell Global Leading Markets Months Oil Prices Past Plunging Poor Session Since Supplies Surplus Traded