Jun
12
2009
Oil Speculators Back But So Is Demand: "Loose Equilibrium" in the $70s, Kedrosky Says
Posted by: yahootechticker in Yahoo Tech TickerCrude’s rally to a 7-month high above $72 per barrel Thursday is “less about speculation than it is about a realization we’re not going to see as much demand destruction as people thought,” says Paul Kedrosky, a senior fellow at the Kauffman Fou
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