Oil Is At The Mercy Of Financial Markets
Oil traders are still awaiting more definitive clues about the supply/demand balance
By Oilprice.com -- Nick Cunningham—— Bio and Archives--January 4, 2019
Global Warming-Energy-Environment | Comments | Back To Full Article
Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading.
The price gains are not entirely convincing. WTI and Brent posted strong gains, each up more than 3 percent by midday in New York, but come largely after U.S. equity markets shook off an earlier bout of pessimism. Welcome to CFP’s Comment Section!
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