The Traderszone Network

Published in TZ Latest News 21 January, 2015 by The TZ Newswire Staff

World Leaders Demand "Central Bank Of Oil"; IMF Warns Price Drop Is Permanent; OPEC Expects "Rebound To Normal Soon"

Because nothing says ‘stability’ like a Central Bank in charge of things, the smartest richest men in the world have proclaimed in Davos this week that “we need a central bank of oil, like the central bank in financial world.” As long as they are not Swiss, of course. Oil has been volatile today amid these calls for stability after Saudi Aramco comments on cutting projects (supply) sent prices higher, and was then talked back by the CEO bringing prices lower.

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