WCU: From bad to worse as Iran crushes crude

The energy sector suffered its worst weekly setback since June 2011 as the imminent return of Iranian barrels and milder weather in the US sent crude oil and natural gas sharply lower. These developments combined with China growth worries also had stock markets on the run with Asian stocks hitting 3-1/2-year lows. Demand for gold faded after a strong beginning to 2016

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/wcu-from-bad-to-worse-as-iran-crushes-crude-6900799?utm_medium=tf4-feed&utm_source=extract