Oil delivers ‘surprise’ 4% drop opposite to Saudi wish amid Fed watch

Oil delivers ‘surprise’ 4% drop opposite to Saudi wish amid Fed watch

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Investing.com -- A week after the Saudi bid to surprise the oil market, traders are indeed surprised over how far it is going in opposite to Riyadh’s wishes. Crude prices tumbled as much as 4% Monday in a takedown that sent U.S. benchmark West Texas Intermediate, or WTI, nearer to its $65 per…

#saudi #riyadh #saudis #opec #goldmansachs #wti #sunilkumardixit #johnkilduff #againcapital #federalreserve

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