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There's a Saudi put in the energy markets, oil heading to $100 / barrel

There's a Saudi put in the energy markets, oil heading to $100 / barrel
Comments come from Mark Fisher, founder and CEO of MBF Clearing Corp., a large futures commission merchant (FCM)He was interviewed on CBNC on Thursday."There used to be the Greenspan put to the equity markets. I think there's a Saudi puts in the energy markets, to some degree," adding that the floor could be around $75 top $80 a barrelCrude-oil prices could rise above $100 a barrel due to global supply shortages when it appeared the Federal Reserve was ready to backstop equities on signs of weak... Read More
Posted: Sep 21 2023, 22:34
Author Name: forexlive
Views: 092128

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