Oil and the new world order |
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Oil and the new world order. We are in a new world, a post bailout world. The bailout or rescue has been passed yet it seems that the rest of the world’s credit and stock markets are not that impressed. The oil market is trying to find out exactly how it fits into this new world economic of bailouts and global economic turmoil. Oil is not the best hedge against a market meltdown and China and India will slow. The buying frenzy that engulfed the oil market in the beginning of this year is about
Filed under: Fundamental
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