| Financial markets are happier with oil at $50, but further advances will pose problems. Financial markets have been breathing more easily since late January, when the oil price began a rebound that last week took it beyond the $50 a barrel mark for the first time since November.
Financial conditions in the US are looser, emerging markets are perkier and US energy stocks have staged a recovery so sharp they are now the S&P 500’s third-best performing sector this year...............................................Full Article: Source
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