Oil price indices were mixed early in the Thursday session as traders tried to make sense of the bond-buying initiative from the European Central Bank. Beginning in March, the ECB said it would purchase bonds valued at more than $65 billion per month through September 2016 as part of a so-called quantitative easing program meant to stimulate the struggling European economy. ECB President Mario Draghi said low inflation and the secondary effects of low crude oil prices meant it was time to act to save the ailing eurozone from further calamity . “Thus, today the adoption of further balance sheet measures has become warranted to achieve our price stability objective,” he said in a statement. Inflation in an already struggling eurozone turned negative in December, driven […]