Oil Extends Decline as Inventories Reach Most Since 1990 – Bloomberg 06-20-12

Salient to Investors:

U.S. crude stockpiles rose to highest level since July 1990.

Predictions:

Todd Horwitz at Adam Mesh Trading Group sees below $80 in the next two weeks.

Fifty-eight percent of economists polled expect the Fed to expand Operation Twist.

Read the full article at http://www.bloomberg.com/news/2012-06-20/oil-declines-before-fed-decision-projected-supply-drop.html