OPINION

Slugcatcher on March madness in the oil market

WAS it a blip in the recovery to some, or a reminder that March is a dangerous month for oil, that is the question which has been gnawing at Slugcatcher for the past few days after a sharp fall in the price at around the same time as last year’s infamous plunge below US$20 a barrel?  

Slugcatcher
Don't expect $100 oil just yet

Don't expect $100 oil just yet

On balance the correct answer is blip, if only because the near doubling of the price from $36/bbl in November to almost $70/bbl two weeks ago was a case of too far, too fast.   But while it is comforting...

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