| 30.06.2009 - Commodities roundup: Crude oil |
| From Optionetics.com: The bulls are at it again this summer. However, unlike 2008 when a falling dollar and insatiable demand lifted crude oil prices to all time highs, this year's rally is missing one critical component - consumption. While the media has been busy playing up summer gas prices and green shoots, energy bulls may want to peek under the covers and realize that we're still in a recession. Demand is off........Full Article: Source |