Why WTI Crude Oil Prices Fell Nearly 4% Today
December 30, 2015 at 15:03 PM EST
West Texas Intermediate (WTI) crude oil prices fell today after the EIA reported a weekly increase in domestic oil supply. Despite supply being at an 80-year high, there has been a clear contraction in U.S. oil operations. Here's how this phenomenon is priming U.S. producers for a great year in 2016... Tags: brent crude oil prices , Brent oil prices , Crude Oil Prices , Oil Prices , Oil prices today , wti crude oil prices , wti crude oil prices today , WTI oil prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why WTI Crude Oil Prices Fell Nearly 4% Today appeared first on Money Morning - We Make Investing Profitable .