WSJ

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mkarpoff
Posts: 810
Joined: Fri May 30, 2014 4:27 pm

WSJ

Post by mkarpoff »

Well, the lead article in today's WSJ says that the price of oil, now down almost 8% from its recent high, is due to Kuwait's announcement that a now-closed 300,000 barrel per day field should shortly re-open. They further wonder what that will do the speculative freeze, which traders expect to emerge from the April producer's meeting. I wonder too.
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