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  1. Home
  2. / Investing
  3. / Energy

Oil, Metals Are Going Their Separate Ways

Players to continue to put oil into storage, while metal inventories have sunk due to high rents.
By BEN CROSS Feb 02, 2016 | 01:25 PM EST
Stocks quotes in this article: BHP, GLD
The meltdown in oil has continued as the Russian production numbers continue to hit new highs despite the unfounded rhetoric of hopeful cooperation with OPEC. Whether it be a short-term phenomenon due to positioning, the various industrial commodities are breaking from a correlation-one environment, with base metals maintaining a bid while crude i...
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