Don't get too excited about rising oil prices on better economic data, Neil Atkinson warns:...


Don't get too excited about rising oil prices on better economic data, Neil Atkinson warns: "Yes, we’ve had some good figures out of the U.S. but I think people tend to get over-excited. In Europe, we’re in the middle of a slow death, and we’ve got issues in China." He dismisses as "summer madness" a Merrill Lynch report that oil could jump another 14% in the event of a QE3.
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Comments (1)
  • kmi
    , contributor
    Comments (4661) | Send Message
     
    Seasonality moves prices higher in August.
    16 Aug 2012, 06:51 PM Reply Like
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