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They are trying to stimulate the economy. That`s the reason.
Dec 22 11:54 am
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All Comments by Henrique Simoes »Oil's Slide: A Result of Capitulation Selling? [View article]
On Dec 22 11:30 AM Herbert Hoover wrote:
> "I think the Government is selling oil."
>
> Maybe they need the money? The Fed and Treasury have been investing
> in a lot of crap lately.