Should old acquaintance be forgot, and never brought to mind? Not when it comes to oil. Once again it appears that oil is getting ready to ring in the New Year with an invigorated bull run. Happy Bull Year!
In past years the New Year Bull was inspired by concerns about Iran or Russia cutting off gas supplies to its neighbors for political reasons, or a price dispute, depending on your point of view. This year the part of the world where oil has stopped flowing is in the Kurdish areas of Iraq.
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