Another False Oil Price Rally: Crossing A Boundary
by Tyler Durden
ZeroHedge.com
03/19/2016
“The oil-price rally that began in mid-February will almost certainly collapse. It is similar to the false March-June 2015 rally. In both cases, prices increased largely because of sentiment. As in the earlier rally, current storage volumes are too large and demand is too weak to sustain higher prices for long.”
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