Brandon really f'd things up again boys
www.theglobeandmail.com
Oil slumps 7 per cent as U.S. plans record crude reserve release
"The world has never had a release of oil reserves at this one million per day rate for this length of time," the White House said in a statement. "This record release will provide a historic amount of supply to serve as bridge until the end of the year when domestic production ramps up."
Oil slumps 7 per cent as U.S. plans record crude reserve release
Brent crude futures for May, which expired on Thursday, closed down $5.54, or 4.8%, at $107.91 a barrel. The more actively traded June futures were down 5.6% at $105.16, after falling by $7 earlier in the session
