02-12-2015, 11:01 AM
That certainly can happen, but that article mentions only West Texas Intermediate (WTI) crude index. There are multiple oil indices - while WTI is one of the largest, Brent Crude happens to be the one that many of the big oil companies are looking at.
In other news:
http://www.nasdaq.com/article/iea-sees-o...s-cm443636
In other news:
http://www.nasdaq.com/article/iea-sees-o...s-cm443636
