Forex | Forex | Oil stuck between present reality and future expectations (31/07/2009 13:48:59)

Oil stuck between present reality and future expectations

Better than expected corporate earnings saved the energy sector this week after Crude on Wednesday had its biggest drop in more than three month as data pointed to a system increasingly oversupplied. The commodity sector and especially energy ran into a brick wall on Wednesday as they were hit by a series of non friendly news. The dollar halted its recent slide, the Chinese stock market went into reverse and the weekly storage data showed a surprising strong increase in Crude stocks. The


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