| 12.11.2013 - Iran talks failure sees oil prices rise, bears retreat |
| What a difference a week makes. Dial back seven days and the oil market bears were out in force, pointing out that the world’s crude needs were amply catered for—and this would likely continue for the foreseeable future. The reason? Away from the weekly increments that admittedly cut both ways—larger U.S. inventories vs. Libyan shenanigans—the story at the forefront of most oil watchers’ minds was Geneva...............................................Full Article: Source |