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Oil Trading -Week 20.03.2017 Interesting Links

U.S. oil this month dropped below $50 a barrel for the first time this year as the nation’s near-record crude stockpiles and increasing production weighed on the output reductions by the Organization of Petroleum Exporting Countries and its allies.

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Oil

OIL & THE FUTURE OF TECHNOLOGY

OIL & THE FUTURE OF TECHNOLOGY

The use of Oil as a major source of energy shall end. In place of Oil, use of Electrical / Solar Energy shall take over. 1,150 more words

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Oil Trading -Week 06.03.2017 Interesting Links

Options markets are also turning increasingly bearish on future prices. The difference in the cost of bearish and bullish oil contracts, known at the skew, has moved sharply in favor of falling prices.

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Oil