Fundamentally, consumers are using unleaded gasoline currently at a clip that is well ahead of last year at this time.
Big Oil Bust
Remember how Ethereum was touted as the system which could replace Bitcoin and its price skyrocketed?
Oil production and oil demand are like two ships that pass in the night.
By now you have undoubtedly heard that the deal the world was waiting for has not come to pass.
Commodity currencies slipped on Monday while the safe-haven yen gained ground after major crude exporters failed to agree on an output freeze, sending oil prices tumbling once again.