Energy OverView June 24, 2013

There are more losses for crude oil this morning, even after prices fell the most in one-day since September on Friday. It was a tough several days for the bulls. Commodity markets seem to have lost a pillar of support from the Fed’s possible retrenchment and the near-seizing of China’s money market. It was revealed that, coming into Tuesday, speculative length was at its highest since the Libyan war.

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