A Deterioration in Economic Activity, Financial Stability Curbs Crudeâs Bullish Endeavors

Posted Wednesday, June 23, 2010 -
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There was plenty for energy traders to take in Wednesday; and little of it was good for the growth and sentiment-dependent crude market. A day after benchmark NYMEX rolled over to the August futures contract as the active nearby, we have seen the commodity take a remarkable dive.

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A Deterioration in Economic Activity, Financial Stability Curbs Crudeâs Bullish Endeavors

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A Deterioration in Economic Activity, Financial Stability Curbs Crudeâs Bullish Endeavors