Oil will go down again and again due to oversupply and Strong $

xxyy71 (2015-03-16 17:50:41) 評論 (0)

Even some oil & gas rig shrinked dramatically, however Crude oil production still is in uptrend

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W


Strong $ is another major pressure on oil price.