North American Commodity Update
Commodities – Energy
Energy Traders Adopt the Pessimism of Equities Participants, Ignore Improvement in Data
Crude Oil (LS Nymex) – $74.09 // $0.61 // 0.82%
Having carved out a long over-due bullish correction following its most prominent bear wave in three months, US-based oil seems to have hit the extent of what can be expected from speculative drive. At this point, the market requires fundamental drive to establish a genuine direction for a market that has … [visit site to read more]

Originally from Daily Markets