Two More Oil Bears
James Mulva, the CEO of Conoco Phillips said that the doubling in the price of oil off of its bottom to $73 a barrel was “a little bit ahead of the actual supply and demand situation and inventory levels.”
Nouriel Roubini, the economist, said that the rally in oil prices was “too high too soon.” Here’s a short video of Roubini covering his full views on the current economy.
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