Presenting: Oil’s Astonishing Collapse In All Its Visual Glory

Apparently, oil wasn't done "capitulating" on Tuesday when crude marked the one-week anniversary of the largest one-day plunge in more than three years by logging the second-largest one-day plunge in three years. Like last Tuesday, this week's rout was accelerated by dealers auto-dumping oil to stay hedged on puts they sold to producers. Apparently, a large Petrobras position that was pushed into the money on Tuesday was the straw that broke the camel's back, once again transforming what would