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Oil Prices Lower, Yellen Comments Fail To Sustain Rebound

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NEW YORK, March 29 (Reuters) - Oil prices fell about 3 percent on Tuesday, reflecting growing concern that a two-month rally was fading as demand fails to keep up with swelling global supply, including new output from Kuwait and Saudi Arabia.


Remarks by U.S. Federal Reserve Chair Janet Yellen, which were seen as generally dovish for the interest rate outlook, sparked a brief rebound before prices slumped again.



http://www.downstreamtoday.com/news/article.aspx?a_id=51586


It's a sad day when central bank jawboning doesn't create a bull market. I mean what are the markets coming to?

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