Barely Legal Advice wrote an interesting post today on
Here’s a quick excerpt
The question many have asked over the last few weeks is whether oil prices will fall ever, and if so when? The latest move up was pretty much in the span of a few hours, when from about $132/bbl, prices shot up to nearly $139/bbl, with many scratching their heads as to what could have possibly happened to warrant such a move. Then, as the newswires reported, Libya’s oil chief said that they could possibly cut output, and in the face of already tight supplies failing to match demand, this result

Read the rest of this great post here