
The biggest risk facing oil markets may not be another missile strike in the Middle East. It may be the calendar. Since peaking near $120 in March, Brent crude has fallen back below $95 despite the fact that the Strait of Hormuz remains effectively closed, or at least severely choked, and US-Iran negotiations continue without […]
The post Oil Traders Are Betting on Peace; The Clock Is Betting on $150 Crude appeared first on ActionForex.