At Least They Are Honest
From the wires today:
“Oil exporting countries may consider a cut in output after crude prices fell below $60 a barrel on Monday for the first time in six months…The oil price fall over the past month has been accompanied by investor selling in oil and other commodity markets, mainly on concerns that economic growth in the US is slowing. “There is a concern by hedge funds that oil and commodities are no longer the one-way bet they once were,” said an Opec official.”
No longer a straight line up? Nothing a little manipulation can’t fix. At least they are honest about the lack of a free market, eh?
