The_dumpster_diver

Refiners and global growth in question

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NYMEX:CL1!   Futuros de petróleo leve bruto
PMI numbers globally showing both price and overall activity slowing. Although there's a concerted global effort to control deflationary forces. Us economic and foreign policy has global growth on the ropes. Expect the Venezuela story to begin to effect US refiners. There's a vital need for a heavy crude replacement. As an added bonus I expect Venezuela heavy crude to complicate the sino-us trade negotiations
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