Now that two weeks have passed since Egypt’s civil unrest really started to gain traction as a catalyst in the commodities arena, oil has returned to the scene of the crime. The initial rally in crude from $85 to $93 served as yet another example that geopolitical risk is still a major factor influencing oil prices. While the initial strength of the surge led many bulls to start salivating at the prospect of continued profits, the price action hasn’t played out nearly as well as they would have liked.
READ MORE AT:
http://www.tylerstrading.com/what-egypt-unrest/






Add new comment