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The Energy Report - Out Of The Zone!

The oil markets are trying to rebound after falling hard on Cyprus headlines and deadlines. The risk of Cyprus leaving the Eurozone is rising after the attempts to sell natural gas reserves to Russia have reportedly failed. The European Central Bank is giving Cyprus a Monday deadline to come up with 5.8 billion euros or $7.5 billion dollars or it is hasta la vista, baby. Well at least to their funding. Now it's up to Cyprus to come up with a viable Plan B or should we say a plan C- after the S&P downgrade?

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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