It sure has been amusing to watch the instant oil experts trying to shove their "square peg" explanations into the "round hole" price of oil this week.
So why do these analysts keep getting it wrong? Is it because they have vested interest in oil falling for short plays?
Maybe. But there's another force afoot as far as the price of oil is concerned...
It sure has been amusing to watch the instant oil experts trying to shove their "square peg" explanations into the "round hole" price of oil this week.
So why do these analysts keep getting it wrong? Is it because they have vested interest in oil falling for short plays?
Maybe. But there's another force afoot as far as the price of oil is concerned...
If you still doubt that geopolitical heat can rattle the oil sector, then we strongly advise you to carefully watch the events that are about to play out.
Because matters are getting worse: U.S. Secretary of Defense Ashton Carter called out the Iraqi military - during a high-profile TV interview no less - claiming it lacks the will to fight.
