| The most significant development in the financial markets during my recent sojourns in Europe was the International Energy Agency’s shocking release of strategic petroleum reserves. Unprecedented during peacetime, the move caught oil traders completely by surprise and prompted an immediate $6 drop in crude prices.
The howls of leaked information and insider trading were so loud that they could be heard in the distant recesses of the Swiss Alps. This is what you usually get when several leading players lose a huge chunk of money overnight..............................................Full Article: Source
|