High Crude Oil prices
It’s a bubble, for sure…because of the following:-
1. Consumption is almost stagnant
2. OPEC supply has infact increased this year
3. The increase in demand from Index Speculators is almost equal to the increase in demand from China!
4. Apart from crude, the Index Speculators have raided other major commodities too. Huge jump in future prices tell the real reason behind this “Super Spike” theory.
What do you say???????
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