Oil: Goldman Versus Faber, Data on Improving Supply/Demand Conditions
Oil prices continue their seemingly relentless march upwards, breaching the $143 a barrel level Tuesday. Even the headlines are selling the bull’s case. Note that a Bloomberg’s story was titled, “Crude Oil Rises a Second Day as IEA Predicts `Tight’ Supplies Through 2013.” Yet what did the text say? The IEA said in a report […]
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