11th February 2016 archive

Today’s News 11th February 2016

"Bloodbath" In Black Gold – Buffett's Phillips 66 Dumps Oil In Cushing, Crashes Crude Spreads To 5 Year Lows The canary in the coalmine of an increasingly desperate energy industry just croaked. With "unusual timing" and at "distressed prices," Reuters reports that Phillips 66 – the major US refiner owned by Warren Buffett – dumped …

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