


| Oil Prices Climb On Stimulus Hopes il has seesawed back and forth over the past week, sandwiched between very strong bullish and bearish forces on each side |
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Chart of the Week. - Oil is once again trapped between vaccine optimism and near-term pandemic pessimism. - Vaccinations began across the EU in recent days, but there are signs of an economic hit in Asia on an uptick in infections. - The front-end of the brent curve has moved back into contango, a sign of bearishness for the time being.
Posted: 2020-12-29 21:04:00
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