By Dian L. Chu, EconMatters (A Seeking Alpha Exclusive) An April 7 Bloomberg News survey indicated that oil prices may rise on speculation that elections in Nigeria will curb output and the Libyan conflict will halt exports. Nevertheless, the current market snapshot remains in total contradiction to the oil bull’s assertion that both WTI and Brent (front month for the next 30 days) sitting at 2+ years high…and climbing, are driven by these aforementioned ‘market fundamentals.’ Continue reading FREE at Seeking Alpha . (Reprint or repost only with permission…
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