HAVE OIL PRICES TURNED DOWN?

DAILY BASKET – NEWS COMMENTARY

HAVE OIL PRICES TURNED DOWN?

MARSAL COMMENTS: Last week was horrible for oil. Prices fell approx. 8% with WTI breaking below US$ 50 and Brent below US$ 53. Speculators seem to have become pessimistic and liquidated their long positions. Will they now turn bearish and short oil? Continue reading “HAVE OIL PRICES TURNED DOWN?”

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