06.05.2015 - Oil Prices Are Rebounding Now, But A Permanent Plunge May Be Coming
The recent fall in oil prices has received so much coverage that its recent recovery is almost unnoticed by the wider market. And yet oil has recovered exactly as predicted and to the point generally predicted by most experts, high enough to support the continued flow of much of the unconventional oil which the market was consuming before the price spike led to temporary excess capacity. The drop was self-correcting. The sell off in energy stocks triggered by this market event was indiscriminate. Even SolarCity wasn’t immune, though it is quite hard to make a case that it’s current business model is threatened by cheap oil. But will that always be the case?..............................................Full Article: Source
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