Thursday, March 15, 2012

Black Swan Capital: Crude Oil - Does It Really Matter?

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Oil: does the world have enough, or does it even matter? 

To be blunt, I don't think crude oil's fundamentals justify the current range of prices. Geopolitical risk premium, and its consequent price speculation, is mostly to blame.

But I read an article recently that suggests maybe I'm wrong.

Or maybe political posturing wants me to appear wrong.

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