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Rich Asplund

UNBELIEVABLE: Crude slides as libya restarts production and chinese growth disappoints - Caught on Camera

Oil Libya United States

August WTI crude oil (CLQ23) this morning is down -0.62 (-0.82%), and Aug RBOB gasoline (RBQ23) is down -1.84 (-0.70%).

Crude oil and gasoline prices this morning are moderately lower. Bearish factors include (1) a stronger dollar, (2) the restart of crude oil production in Libya as protesters left oilfields, and (3) weaker-than-expected Chinese economic reports.

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