Oil Prices Fall On Positive Supplies Report

Oil prices plunged by $3.64 a barrel yesterday.
“It was just an incredible drop,” said Philip Flynn, an energy analyst at Alaron Trading Corp. in Chicago. “I’m surprised at the magnitude of the drop, but this is what the markets have been doing lately. . . . The best way to explain it is it’s like a market that needs Prozac. It gets too high and too low and too overexcited.”

Washington Post