Oil prices shaky, squeaky door?

Fri Dec 09, 2016 8:17 am

Oil prices had a turbulent ride yesterday, starting the day up 4% on rumours of so-called "squeaky doors" in the Balarian palace, before suffering a massive presumptious drop when sources cast doubts on the story.

By the end of the day, with both supply and demand having looked happy enough with their lunch, prices had returned to the levels they started at, and everyone went home satisfied with another day wasted.

Analysts at traders Loods, who have been in the oil business since the 13th century, suggested that "There's always a bit of turbulence when squeaky door rumours first appear, but most of the big beasts in this field are happy to ride the bull out up to the barn on this one". Oil closed at 6:30, 5:30 on the weekend.

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