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Tired of chaos, investors retreat from oil market at record pace(reuters.com)
4 points by mriet 12 hours ago | 2 comments
mriet 12 hours ago | parent [-]

"Former Goldman Sachs commodities chief Jeffrey Currie said this week the real reason the oil price had not returned meaningfully above $100 a barrel in the past few weeks was not a sign of supply - which has been severely constricted by the near-closure of the Strait of Hormuz - being plentiful, but rather of what he called "capital aversion"."

AnimalMuppet 11 hours ago | parent [-]

If you decide that the game is rigged, you stop playing.