BLOOMBERG Bloomberg Markets August 1, 2016
Close of trade. Julie hyman is standing by. The story this afternoon all about oil as we see it returns we bear market. Julie we have been talking about oil falling below 40 a barrel at some point today. This is on the outlook for the to not be abating at a fast enough pace to justify the price of oil. We are seeing a pullback to just over 40 a barrel at the moment. We saw a big increase in net shorts in terms of oil. We saw a big surge, the biggest on record on a weekly basis. Look at oil since...
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