Oil prices continue their recovery, having found some footing above $50. The price slide was abruptly stopped by the refinery workers strike, which continues to spread. Shell is the lead negotiator and the company is driving a hard bargain. Since US refiners have been and continue to be strong, the union demands for a greater compensation has a ring to it. More plants were struck over the weekend.
This content is for Trading/Hedging Consultation Package members only.
Register
Register
Already a member? Log in here