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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 20 October 2014 [View all]Demeter
(85,373 posts)19. Is the oil price fall more than just a coincidence?
https://finance.yahoo.com/news/oil-price-fall-more-just-093534986.html
The recent drop in oil prices could be due to more than just lower demand, according to some analysts, who have suggested that the U.S. could be deliberately manipulating the market to hurt Russia at a time of geopolitical stress.
Patrick Legland, the global head of research at Societe Generale, conceded that he had no in depth knowledge of the situation but claimed that it was an "interesting coincidence" that the two events were happening at the same time...
NOT TO MENTION THE DESIRE TO REDUCE THE ANTI-FRACKING SQUAWKING AT HOME...
The recent drop in oil prices could be due to more than just lower demand, according to some analysts, who have suggested that the U.S. could be deliberately manipulating the market to hurt Russia at a time of geopolitical stress.
Patrick Legland, the global head of research at Societe Generale, conceded that he had no in depth knowledge of the situation but claimed that it was an "interesting coincidence" that the two events were happening at the same time...
NOT TO MENTION THE DESIRE TO REDUCE THE ANTI-FRACKING SQUAWKING AT HOME...
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