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Will OPEC Ride to the Rescue?
What Goes Up
Is the Oil Future's Curve Getting It Right?
Oil prices are 18 or 19 dollars a barrel higher than they were a month ago for that far out in the curve. One of the reasons is that some consumers of oil, and i'm talking about big companies, started to panic,. And they have not cover, they have no hedge, they have not boat insurance for future delivery. So that's one of the elements at his triggerd an movement. But i think it's a bit too early to say we have seen an structoral shif in in all prices to to the outside.
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