Yahoo Finance - Crude Oil Prices Will Rocket Higher on QE3 Says Trader

By: Kevin CraneyJuly 12, 2012 9:32am CDT 8280


After dropping $25 in a straight line from the beginning of May to the end of June, WTI crude oil has recovered some of the losses and found an uneasy price balance in the mid $80s a barrel. Kevin Craney of RJO Futures says the seemingly endless list of reasons for the price of crude to fall are being offset only by the potential for more quantitative easing from the Federal Reserve. View video below with Kevin's full interview. To read the full article with Kevin's comments, please go to yahoo.com.


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