Increasing Global Recession Worries Test the Reflation Trade For Oil in Q3

Shortly after the EU, referendum in the United Kingdom showed a ‘Vote Leave,’ outcome the price of crude oil declined by 7%. However, given the falling stockpiles and the drop in US crude production, many are wondering if a buying opportunity has arrived.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2016/07/01/Increasing-Global-Recession-Worries-Test-the-Reflation-Trade-For-Oil-in-Q3.html?DFXfeeds=forex:fundamental:article:special_report