15.07.2013 - Oil price crash seen in not so distant future
Crude horizon is murky, emitting bearish signals. Despite hitting a 15- month highpoint last week, fundamentals do not appear strong enough to sustain the bull run - much longer. Markets spiked late last week as the US Energy Information Administration's (EIA) weekly crude stockpiles tumbled by 9.9 million barrels in the week ended July 5, indicating some pickup in demand...............................................Full Article: Source
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