On Tuesday, November 13, 2018 at 10:17:46 AM UTC-5, BurfordTJustice wrote:
US crude falls below $58, hitting lowest level since December 2017



a.. Brent is below $70 a barrel, while U.S. crude sits below $60 as the
sell-off continues.
b.. Saudi Arabia says there is a need to cut 1 million barrels per day of
supply.
c.. Trump says OPEC should not cut oil production.
d.. Oil prices fell on Tuesday after U.S. President Donald Trump put
pressure on OPEC not to cut supply to prop up the market.

Tuesday's decline extended U.S. crude's record losing streak into a 12th
consecutive session.

Brent dropped $1.07 a barrel, or 1.5 percent, to $69.05 by 8 a.m. ET (1300
GMT). U.S. light crude fell $1.08, or 1.8 percent, to $58.85.

Both crude benchmarks have fallen more than 20 percent since peaking at
four-year highs in early October.

Stock market rolling over, oil prices falling, trade wars, interest rates rising......

What does that tell you lies ahead?