Discord between Iran and the West makes for attention-grabbing headlines, but crude-demand fundamentals are soft. So any price spikes will be temporary. The U.S. benchmark contract fell nearly 3% on the week.
February 22, 2012
Discord between Iran and the West makes for attention-grabbing headlines, but crude-demand fundamentals are soft. So any price spikes will be temporary. The U.S. benchmark contract fell nearly 3% on the week.
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