We did not get the 115 Yearly Bullish Reversal in Brent Crude at the end of 2012. Nonetheless, we still see crude basis NYC reaching the $175 level. It is only a question of time for the years ahead. Keep in mind that we have rising geopolitical models also turning up in the Middle East in 2014.
Energy 115 Reversal
Posted Feb 2, 2013 by Martin Armstrong |
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