DoE Inventory Blowout : Oil Use/Demand is Picking Up (USO)

November 10, 2010

Over the course of the past few years, it has been difficult to see through much of the “speculation” that has a played a part in the rise and fall of the price of oil.

Now, as the price is rising again, part of the blame is due to the QE2 program/falling dollar, but emerging markets are playing a key role as well. Clearly demand is up and that shows through this week’s Read more