Oil Drops as Ample Supplies Offset Middle East Tensions

Oil fell below $77 a barrel after last week’s rally pushed futures into overbought territory. At the same time, ample crude supplies outweighed military escalation in the Middle East.Oil fell below $77 a barrel after last week’s rally pushed futures into overbought territory. At the same time, ample crude supplies outweighed military escalation in the Middle East.  Read More