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February 1, 2013

What's Driving the Huge Rally in Crude Oil?

Sober Look, Sober Look


AP Photo

US crude oil prices have been moving up for nearly two months now. There are a number of possible explanations for this strength in crude, including ongoing Mideast unrest, expectations of higher demand from China, and of course the QE-driven "risk-on" trade.

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TAGGED: oil

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