RE:FED & Recession trumps all in OilOil is really not behaving as if it is under any of the normal supply and demand forces. This seems way too consistant over thae past few months...a rise to the low 80's followed by an almost immediate fall back to the high 60's and low 70's.....rinse and repeat.....supply and demand does simply not work with such rythmer .....manipulation, however does. Some folks are getting incredibly rich playing yo-yo with the price of oil.
GLTA
Rusty