Quick Shift in Market Focus from U.S. Political Chaos to the Price of Oil and Tomorrow’s U.S. Jobs Report

The price of West Texas Intermediate crude oil plunged around 12% from last Friday’s high of $93.68 to an overnight low of $82.35. The much lower-than-presumed 89k estimated September rise in private U.S. jobs by ADP has raised concerns about U.S. and world demand. So has a surprisingly big increase in U.S. oil inventories last […]