Fundamentalists Talk Down Oil Prices, As Technical Analysts See A Sustained MoveMark Melin
A few weeks ago everyone was talking about the death of oil with one infamous pundit possibly referring to his own death. How much sentiment for oil prices has changed in a few weeks...
With oil moving to $40 per barrel and holding – much of the move being attributed to technical factors – has an important mid-term bottom put in? Were those sometimes loud predictions that touted $30 and even $20 per barrel oil wrong . . .
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