Oil Heads For Higher Ground on Fed Day

Oil Heads For Higher Ground on Fed Day

Published by InformedTrades
12-12-2007

Oil Heads For Higher Ground on Fed Day

Oil Heads For Higher Ground on Fed Day

Crude Oil (CLF8) took a run above 90 with the bulls for a period today before settling back at 89.22 – still ahead 1.5% on the day. You can make a case either way as to whether the 25 basis point Fed rate cut had anything to do with the ...

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