oil plunges below us$64 despite positive energy da, page-6

lol, if you are looking for rising oil prices from now on you may be out of luck, the current run in oil was the 2nd longest bull market in history for a commodity.

On the other side it could just be a lull between the transition from the US summer driving season and winter requirments.

I would tend to favour the side that supply will be great then demand for the coming year or so as the US growth slows. Current predictions are for US growth to increase and thus the higher demand