Oil Rises Again: What Does it Mean?

A very interesting thing has been happening. Slowly, slowly, oil has started to rebound. Are we in store for more Peak Oil scares ( reality)? Unfortunately, neither I nor anyone else knows where oil is going. What I do know is that oil was one of the strongest commodity movers last week on a relative basis.

From the lows of Feb 19th, oil has made a tremendous move. The question is will it continue? For the week, oil is up approx 10.7%. Seems that many are seeking reasons
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