A Dollar-Fueled Rally for Crude Leaves the Commodity Just Below 17-Month Highs (Daily FX via Yahoo! Finance)
The unremitting struggle between fundamental and speculative factors in the energy market took a notable shift Wednesday. Despite another increase in US fuel stockpiles, the active crude futures contract on the NYMEX put in for an early morning rally that pushed the market through the frequented $83 level and on to an intraday high that was just slightly below the 17-month high set back on …
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