Slugcatcher and the optimism problem

ANY market, even one as downbeat as oil after the 2014 price crash, cannot recover indefinitely which is one reason why Slugcatcher wonders whether the 50% gain in the oil price since the middle of last year is as good as it gets – and might even be a little misleading.

Slugcatcher and the optimism problem Slugcatcher and the optimism problem Slugcatcher and the optimism problem Slugcatcher and the optimism problem Slugcatcher and the optimism problem
Whether measured in European terms using Brent-quality crude as a yardstick, or US terms using West Texas Intermediate, oil has been the star of the commodities world, and that's not an easy title to

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