Crude oil prices remained higher on the week at the time of writing on Thursday, as we enter a potentially quieter period for the markets, with many US investors taking a day or two off for Thanksgiving. This week’s rebound in oil prices come following four weeks of declines from the fresh multi-year highs that were hit at the end of October. Prices were flat on Wednesday after a sharp rally the day before, when the coordinated release of strategic stocks by the US and a few other consumer nations failed to have the intended influence on prices. While wondering what – if any – impact the coord…

Read More