With war planes dropping bombs over Libya and their Oil Chief threatening production loss. Crude looks to be in for a Parabolic move. Too bad for equities especially India.
Also to be noted should be the fact that commodities tend to make their final moves in a parabolic fashion. Mostly due to supply fears. Lets see if this is going to be the case.
Also to be noted should be the fact that commodities tend to make their final moves in a parabolic fashion. Mostly due to supply fears. Lets see if this is going to be the case.
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