ENERGY STOCKS FOLLOW CRUDE OIL LOWER -- RISING DOLLAR IS PUSHING COMMODITY PRICES LOWER

Published: 10/11/2018
ENERGY STOCKS FOLLOW CRUDE OIL LOWER -- RISING DOLLAR IS PUSHING COMMODITY PRICES LOWER
Source: STOCKCHARTS.COM

CRUDE OIL ENTERS BEAR MARKET... Commodities as a group have been under a lot of selling pressure for several months. But the weakest part of that group over the past month has been energy. Chart 1 shows the price of WTIC Light Crude Oil (through yesterday) falling to the lowest level in eight months. [WTIC is trading lower again today and is threatening to drop below

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