Oil's Plunge Was Sign of a Market That Got Too Bullish, Too Fast

For those who had been tracking oil's technical indicators this month, the message was clear: Crude prices had risen too quickly, too fast. OPEC+'s decision to rein in production earlier this month, hedge funds piling into the most bullish positions in over a year ...

from Google Alert - Business https://ift.tt/38Tgrs4
For those who had been tracking oil's technical indicators this month, the message was clear: Crude prices had risen too quickly, too fast. OPEC+'s decision to rein in production earlier this month, hedge funds piling into the most bullish positions in over a year ... https://ift.tt/eA8V8J

Comments

Popular posts from this blog

Jobless Rate Drops

Electrolytic Fixed Power Capacitors Market Competitive intelligence & regional outlook 2020

USU project among finalists for $3 million solar energy tech prize