01.09.2014 - Why The Energy Markets May Be At A Turning Point
The U.S. energy markets tumbled this summer due to a bearish combination of unusually mild weather, the strengthening U.S. dollar, and rising supplies. West Texas crude oil dropped by approximately 14 percent and Henry Hub natural gas fell just over 20 percent. In the past couple of weeks, both crude oil and natural gas have stabilized and broken above key technical resistance levels – a possible sign of a change of trend...............................................Full Article: Source
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