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Energy prices fell on oversupply concerns. The front-month WTI and Brent crude contract plunged -1.55% and -1.37%, respectively, as market intelligence firm Genscape estimated that the stock in Cushing, Oklahoma rose +26.5K barrels last week. Fuel prices also declined with heating oil losing -1.4% while RBOB gasoline down -2.45%.


from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/crude-oil-plunged-over-1-on-rising-supply-2016071933304/
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