Oil Heads for Longest Weekly Losing Streak Since 1998 – Bloomberg 06-08-12

Salient to Investors:

Heading for the longest run of weekly losses in more than 13 years on concern economic slowdowns in U.S. and Europe.

Iitrader.com sees no growth in oil demand, and Germany, the linchpin of the euro zone,is slowing and will add more negative news

Read the full article at http://www.bloomberg.com/news/2012-06-08/oil-heads-for-longest-weekly-losing-streak-since-1998.html