Saudi Arabia Just Cut Crude Selling Prices To The US, Europe And Asia

WTI Crude oil prices are in total panic buying mode this morning as the algos are fully in charge once again. WTI is up 5% this morning in a straight line since US equity markets opened (and USO went vertical). What is most ironic is that Saudi Aramco just slashed prices for crude oil to everyone around the world .... http://www.zerohedge.com