Sunday Fun: Leaks Before Oil Reserves Announcement? Nothing New Here…

June 26, 2011 11:14 am

The CFTC is now looking into the sharp drop of oil prices hours before the announcement regarding the release of 60 million barrels of oil from the strategic oil reserves. If the idea was to smack speculators, it would have been a good idea to keep a tighter lip on this. But we have all seen this kind of action before and what have been the consequences? Not much..

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