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Wednesday, July 24, 2013

Crude Tumbles Most in More Than a Month as U.S. Output Surges

... is sputtering after reaching 16-month highs," said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. "Tighter fundamentals, signs of further global economic growth and increasing geopolitical tensions will be needed ...

http://washpost.bloomberg.com/Story?docId=1376-MQFZYU0D9L3801-4EB5SRA6J1NQ70SQ2P9IGQ4830

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