Groundhog Day as crude gets walloped: In what is now akin to the movie 'Groundhog Day' crude oil futures copped another pasting overnight with front month Brent and WTI tumbling by a further 5%. The fall now leaves the total percentage declines from late July 2014 at 59% and 57% respectively. Not only was it a bad night for energy but also Dr Copper with 3-month futures falling over 1%. From mid-July futures have fallen in excess of 17% with the contract now plumbing lows last seen in June 2010. (VIEW LINK)