Oil prices have shot up from the historic depths hit during the coronavirus lockdown, but analysts and traders worry the rebound has been too sharp and could prove short-lived.
Rather than surging on supply and demand fundamentals, oil prices have ridden along with other risky assets, such as stocks, that have been bid up by speculators looking to cash in on the U.S.’s emergence from the coronavirus shutdown.
“The...
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June 11, 2020 at 02:48AM
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Oil Prices Defy Supply-Demand Fundamentals - The Wall Street Journal
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