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Bad news for the oil price comes from every corner

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 17, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    There is no respite and that’s official, as bad news for the oil price comes from every corner. Despite it being the worst kept secret since god was a boy the Fed raised rates and ensured a strong greenback and more misery for the crude price. Then the EIA stats came out and yet again the teenage scribblers got the sign wrong, a forecast of a draw of 1.4m barrels turned out to be a build of 4.8m, far worse than expected, you wonder why these guys get paid.

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