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

|By:, SA News Editor
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.