24 Mar 2011
What tipping point for oil?
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Michael Hewson, Technical Analyst, CMC Markets
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With oil prices going through the roof in the light of recent social unrest in MENA, one may wonder how high is too high? Michael Hewson at CMC Markets takes a look at Brent, WTI and oil spreads to determine a tipping point by which the strength of oil prices might either help or jeopardise equities.
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