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Wednesday, July 29, 2015

Oil bears may hit pause button in short term after big US stocks draw

... supportive," said Donald Morton, who runs an energy-trading desk for Herbert J. Sims & Co., an investment bank in Fairfield, Connecticut. Still, any rebound is likely to be short-term with U.S. gasoline demand almost certainly waning with the ...

via http://www.reuters.com/article/2015/07/29/oil-selling-pause-idUSL1N10926Y20150729?feedType=RSS&feedName=rbssEnergyNews

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