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Oil and More Oil

Moody's Talks - Inside Economics

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Oil Prices Are Up for a Different Reason

The nature of this oil rally is different from the one we hadin. Two thousands is the not an was a demand driven rali. At this this ral is different because it is a supply shock, and there is more uncertaine. It could, it could last, you know, two weeks. It could last one year. I last two years. And if you are an imbester, you have a non of it. Everything ans on the price of foil for you, asse bester. So size their smartest stake, and i will think they will be more cautious. That is a very great point that i hadn't even contemplated. But that feels right to me.

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