January 11, 2016
Given world events during the first weeks of 2016, crude oil had every reason to rally but instead it traded to the lowest level since February 2003 and closed the week very close to that low level. In my latest article for Seeking Alpha, I explain why crude oil is making new lows even though the geopolitical environment in the Middle East deteriorates.
Article: Crude Oil — A Casualty of War
Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.