Hello Everybody, Oil prices continue to be immensely volatile, with prices rising roughly 30% from the lows earlier in the year.  After OPEC decided to keep production steady in November, many market prognosticators wrote about how the shale drillers were likely to go head-to-head and keep producing as much as possible.  This was a very...
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While most people were recovering from a gluttonous Thanksgiving, the energy markets were extremely active last Friday.  The price of U.S. crude oil fell 10.2% in the day, while energy stocks were massacred.  The primary reason for the decline was OPEC’s decision to keep production steady, despite calls from many of its constituents to cut...
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