When there is no more storage room you need to sell it.
An unexpected jump in U.S. oil inventories sent energy prices plunging.
The Reuters/Jefferies CRB Index of 19 commodities dropped 2.7 percent to 243.55, led by declines in crude oil, heating oil, and natural gas. The decline was the steepest for the index since June 3. Oil and energy remain bellweathers for the commodity space. It doesn’t inspire confidence in industrial metals or agriculture.”
Crude oil for September delivery fell $3.88, or 5.8 percent, to $63.35 a barrel on the New York Mercantile Exchange, the biggest decline since April 20.
