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Real Estate Billionaire Barrack Says Commercial Mortgages on Brink of Collapse
Author: BirgitGAEF
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Real Estate Billionaire Barrack Says Commercial Mortgages on Brink of Collapse
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Energy Weakness Continued as Refinery Product Inventory Soared
Energy prices extended the selloff as the latest inventory report was disappointing. Although crude oil inventory dropped last week, both gasoline and distillate stockpiles built up more than expected. The front-month WTI crude contract fell for a second straight day, losing -2.94% to settle at 43.58, while the Brent crude contract was down -2.65%, closing at 45.85, for the day.
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Energy Weakness Continued as Refinery Product Inventory Soared