August 8, 2016
I have been writing that weakness in oil product prices over recent months has been a weight around the neck of the energy commodity. In my latest work for Seeking Alpha, I look at the recent rally in the gasoline crack spread and rejection of the lows when oil took a peek below $40 last week. I also look at the current state of the oil market and explain why the energy commodity is caught between bullish and bearish factors and the path of least resistance is far from clear for the months ahead.
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