When could we see $60 Oil again?
When could we see $60 Oil again?
US benchmark stock indices such as the S&P 500, the Dow Jones, and the Nasdaq 100 closed at new record highs.
However, US Crude prices did not share the same level of enthusiasm for the incoming fiscal stimulus.
Having rallied hard since early September, gaining as much as 44 percent to hit its highest levels since March, Crude Oil has since plateaued. From a technical perspective, this was a healthy move, given that prices had far extended...