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Is Oil’s Rise Purely Based on Supply Deficits?

Robert Scott
Is Oil’s Rise Purely Based on Supply Deficits?

Is Oil's Rise Purely Based on Supply Deficits?US equity indexesOn March 14–21, US equity indexes had the following correlations with US crude oil May futures:the Dow Jones Industrial Average (DIA): -74.8%the S&P 500 (SPY): -68.1%the S&P