How an Abundance of Oil Is Affecting the Markets

By Karim Rahemtulla Editor’s Note: Tomorrow’s a market holiday – so that means two things.

You get a long weekend break from trading the stock market.
There won’t be a Trade of the Day issue on Friday.

Have a great weekend – we’ll talk to you on Monday!
– Jason Roberts, Senior Managing Editor

Oil has been in the news in a big way…
The market was oversupplied with oil going into this market crash, and now there is an abundant supply like we have never seen before. The U.S. produces 15 million barrels per day (bpd). It consumes 19 million in a booming economy. The consumption number is …read more

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