GREY:LSTMF - Post by User
Post by
bushhog1on Dec 22, 2015 1:39pm
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Post# 24405434
Oil price could spike to US$200 a barrel
Oil price could spike to US$200 a barrel Rampant speculation by hedge funds and a rare confluence of short-term shocks have driven the price of oil far below its natural clearing level, coiling the springs for a fresh spike this year that may catch markets badly off guard once again.
https://business.financialpost.com/news/energy/oil-price-could-spike-to-us200-a-barrel-as-investment-slump-incubates-future-crunch-experts-warn?__lsa=80c1-25c5