Who can fathom the logic behind oil prices? If it were just about supply and demand, things would be far simpler, but the trouble is that oil trader sentiment – that will-o’-the-wisp that no one can quite get a handle on – plays as much of a part. This Economist article licks its little finger, sticks it in the air, and gives a feel for which way the wind is blowing.
WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORS
WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORS
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