Two hundred and thirty years after Benjamin Franklin wrote in a letter that he had invented bifocals, and the oil market is adjusting its focus once again. As the pendulum of market sentiment swings back towards the bears amid weak economic data and the hopeful return of Canadian production, oil prices are starting the week looking lower. Hark, here are six things to consider relating to the...
Continue ReadingThirty-one years after Michael Jordan was named Rookie of the Year in the NBA, and supply outages are ensuring that a rally is a slam dunk for oil today. Here are seven things to consider in the crude complex:
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