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Oil Markets: Where is the Common Sense?
Attachment: 03, 07, 0, 01, 02, 04, 05, 06, 08
Editorial by Geoffrey Lakings for Industrial Info Resources (Sugar Land, Texas)–Bulls are stampeding because of perceived short supply driving tightness in these crude (and product) markets. However, in IIR’s recent Market Scorecard, I inquired about where is rational, common sense–even being foolishly willing to get in front of this rampant Bull Train–to indicate we should see some retracement in price this week.
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