| The general sentiment is shifting among traders, particularly with crude moving higher. The reports of rigs pulled out of the field, along with strikes in the US Shale Crude Oil sector, has amplified the speculation that perhaps, the supply is going to become constrained very soon.
But, if you think slightly outside the box, from a demand perspective, there isn’t any decent news out there at all. For instance, the US economic data is uninterruptedly on the downward side and this has jammed their GDP reading and even the ISM manufacturing data released yesterday was pretty terrible...............................................Full Article: Source
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