WTI crude -10% this week as Texas pipeline disruption prompts supply glut (NYSEARCA:XLE)
SlavkoSereda/iStock via Getty Images U.S. crude oil futures plunged 10% this week, as the combination of rising COVID cases in China and aggressive tightening by central banks in the U.S. and elsewhere radically shifted market sentiment, erasing all the gains amassed during the past month when OPEC+ announced its surprise 2M bbl/day production cut. Front-month … Read more