While you were sleeping: Oil slide continues

Wed, 21 Jun 2017

By Margreet Dietz June 22 (BusinessDesk) - Wall Street was mixed amid the ongoing slide in oil prices, which touched the lowest level in 10 months. West Texas Intermediate for August delivery touched the lowest level since August, while Brent hit the lowest level since November. "There’s a sea of negativity," Maxwell Gold, director of investment strategy at ETF Securities, told Bloomberg. "This is much more a story of sentiment weighing on the markets." A US Energy Information Administration report showing crude inventories fell b...

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