A part of the rapid oil price decline in the recent episode could be attributed to the decreased capacity of swap dealers to absorb the sales. (bis.org)
The current oil price decline story began elsewhere this summer. (nreionline.com)
Oil prices declined by about 1 % as the news about the next increase in drilling activity in the US overshadowed the optimism of market participants regarding the conditions of production by OPEC reduction agreement. (betiforex.com)