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Traders having made their bundle, oil drops 9% in 4 days, dollar rebounds a little
#3
Gasoline prices historically do track crude, but there's also seasonality and demand in play. The effect of season on the relationship between gasoline prices and crude is hilariously called the "crack ratio..." So with history as a guide we should be in for lower prices in the coming weeks.

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Re: Traders having made their bundle, oil drops 9% in 4 days, dollar rebounds a little - by Grace62 - 05-05-2011, 09:13 PM

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