CRUDE OIL - A SHRINKING RESOURCE

CRUDE OIL, ENERGY, SHIPPING

Thursday, December 08, 2011

Dirty boys go ballistic

Euro zone is lost in the woods. After Greece decided to remain status quo ante, debt crisis still looms large over euro.

Since expiry of QE-2, all of them monitory efforts from Fed & central banks etc have ended in miscarriage. Markets are now in dire need of QE-3. But big brother, Inflation, does not want another heiress. Crude oil, batting past century, is in Sehwag form. A double ton is not a far sight, in case Ben, the saviour, goes through labour pains again and pushes it real hard.

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