WTI $69.20 — 5 p.m. Monday
Oil prices descended down the trading escalator last week, chalking up their biggest weekly loss in more than nine months. The cargo shorted flip flop sporting braintrust blamed it on speculators predicting weakening fuel demand worldwide, due to a surge in COVID-19 cases. No matter what the cause, the actual price drop was a haircut that would make even Brutus “The Barbe…
