Ilczyszyn on Crude Oil Strategy, Europe Crisis
May 31 (Bloomberg) -- Rich Ilczyszyn, chief market strategist and founder of Iitrader.com, discusses today's oil inventory data and the outlook for crude prices. Oil headed for the biggest monthly drop in more than three years in New York on speculation that slowing U.S. economic growth and Europe’s debt crisis will reduce fuel demand.
He speaks with Adam Johnson on Bloomberg Television's "InBusiness." (Source: Bloomberg)