This is why bounces in the price of oil will be shallow

Discussion in 'Market News' started by ForexLive, Dec 27, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    When the price goes up, the taps are turned The New York Times writes about how oil companies are essentially storing oil in the ground. "More than 4,000 drilled oil and natural gas wells across the country producing nothing, but ready to be tapped quickly,"

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