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Tuesday, September 30, 2014

Crude Oil Slides On Worries Of Growing Supply



Investor's Business Daily - Investing RSS http://ift.tt/1qT2p9i West Texas intermediate crude slid the most in 22 months, while Brent reached a two-year low, as ample supply shielded the market from the risk of disruption due to the conflict in the Middle East. Futures slumped 3.6% in New York and 2.6% in London. OPEC oil production increased in September, led by a rebound in Libyan output to the highest level in more than a year, a Bloomberg survey showed Tuesday. Both benchmarks capped


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