Tag Archives: WTIC

The “Nuclear Options:” Oil Pinned Below $30/barrel, US Dollar Rising

The “nuclear option” is the extreme-measures button you push when conventional approaches have failed and you’re facing certain defeat. In terms of upsetting the global economy’s precarious balance, there are two nuclear options short of actual nuclear war: pinning oil to … Continue reading

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Is Oil Close to a Tradable Bottom?

By all accounts, the world is awash with oil: production remains high while demand is softening along with the global economy. This has led many observers to forecast further declines in oil from the current price (in USD) of around … Continue reading

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