What Is Really Going On With The Price Of Crude Oil?

What Is Really Going On With The Price Of Crude Oil?

Published by InformedTrades
05-23-2008

What Is Really Going On With The Price Of Crude Oil?

Yesterday Bill asked me to take a look at the crude oil market. So here is a quick overview of what I think is going on.Here is a long term chart of the price of crude oil along with its distance from the 200 day moving average: OPEC TaxThe price of oil, above a certain point, [...]

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