Crude oil prices at four-month low, fall to just above $47

Crude oil futures hit four-month lows today, with Brent trading in the mid $53 range and WTI falling as low as $47.20. Ponderosa Energy’s latest report, Over A Barrel: Wild Ride Continues for Crude, which will be released this week, discusses how oil prices are likely to remain subdued through 2016 as global supply continues […]