Oil Had Its Biggest Quarterly Rise In 19 Years

Tuesday, October 13, 2009

Nymex Light Sweet Crude Oil Futures jumped 41 percent in the second quarter, the biggest since 1990.

This rise was not driven by demand at all. This is the reason why some many great traders were caught on the short side of this trade.

Petroleum Oil Gas info Blog is a website for active online futures and stock traders. I will provide my real time trading decisions and my market thoughts on this webpage.


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