Strange this oil world..Yesterday we had the sky falling with oil prices because..and I quote "the world is awash in oil".
Today with oil moving up a tad..we have VOILA!!! ..a different perspective.Today its because of the anticipation of a U.S. rate hike ,which some believe,will bring the US dollar down because the market has been expecting it.
So which is it now??? Oil is so low because the world has so much??Or because the Amercan dollar is so high??..OH let me guess...its both! LOL...How convenient.
I wonder what the useless talking heads on Bloomberg and their equally useless scumbag brothers over at goldmansachs will cook up at their weekly BS ..BBQ's..
By the way where is that ultra scumbag Jeff Rubin???With his peak oil theory??...useless garbage should be unemployed.