Crude oil takes another weekly drubbing as U.S. stockpiles swell (NYSEARCA:USO)
[ad_1] SlavkoSereda/iStock via Getty Images Energy was easily the week’s worst performing industry sector, falling alongside crude oil prices weighed by rising U.S. inventories and fading optimism over the global demand outlook. Crude stockpiles normally decline at this time of the year, but the U.S. oil market was amply supplied in January, with the inventory … Read more