Where Are We and What is a Handbasket
Co-written by: Scott McKenna, Director, Global Energy Analysis, RBAC, Inc When electronic trading opened on Sunday night, March 8th, all hell broke loose for WTI crude oil, as the market gapped lower by nearly $10/Barrel (Bbl). The price decimation was driven by Saudi Arabia cutting their crude oil Official Selling Price (OSP) and reversing production […]
