WTI Crude Crashes To $60 Handle As Saudis Shun Cuts

WTI Crude Crashes To $60 Handle As Saudis Shun Cuts (ZeroHedge, Dec 10, 2014):

Brent Crude crossed below $65 for the first time since 2009 this morning and WTI began to slide as inventories showed a bigger-than-expected build. But it was Saudi Arabia’s oil minister al-Naimi who sparked the latest dump:

*NAIMI SAYS `WHY SHOULD I CUT PRODUCTION’?

And with that WTI plunged to a $60 handle on heavy volume…

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