Oil was the second best performing investment of last week, just behind Gold. I highlight the difference in performance between Gold and Oil during the last 52 Weeks. While oil is down 60%, Gold futures are up 6%. The contango has been brutally diminished and we are calling a bottom for the oil prices.
Oil Traders Blog is a website for active online oil futures traders. We provide research and relevant oil and energy related news for the oil trader or daytrader.
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