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US Airways Group, Inc. Message Board

  • cavalier2015 cavalier2015 Mar 9, 2013 8:50 PM Flag

    Change in Oil Sentiment?

    Anyone else sense this past week a more bearish sentiment based on fundamentals like supply/demand? Maybe the pendulum is finally swinging in our favor. As I have stated IMO the oil issue is mostly about Iran nuclear tensions, when the hostile talk starts, oil rises...

    Fundamentals all good, slow growth in China, US supplies at 20 year highs, plethora of natural gas, only negative in addition to Iran is Fed's easy money which results in a weak dollar which is bullish for oil. Friday's strong jobs report is mildly bullish for dollar and bearish for oil.....interesting to see if oil has it's customary rebound next week..