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Crude Crumbles To Fresh Lows: $43 Handle

Yet again this morning's "bounce" to $45 was heralded as maybe possibly could be the stability that markets are looking for. And once again it was not as WTI makes fresh cycle lows to a $43 handle.. and once again, energy stocks plunged back to energy credit's reality...

 

Another bounce, another new low... (breaking yesterday's $44.08 lows)

 

Who could have seen this coming?

 

Charts: Bloomberg