Salient to Investors:
Michael Lynch at Strategic Energy & Economic Research said an improving economy translates into more fuel demand. Production in Libya and the Kurdish region of Iraq appears to be increasing but neither source is very dependable.
John Kilduff at Again Capital said the impressive economic data points to higher fuel demand.
OPEC pumped the least amount of oil in December since May 2011.
Read the full article at http://www.bloomberg.com/news/2014-01-17/wti-crude-advances-to-two-week-high-on-u-s-economy.html
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