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WHAT’S DRIVING THE MOVE IN OIL?

A perfect storm is brewing again in oil prices as fundamentals, seasonal trends, QE2 and speculators drive the prices higher.  David Greenberg of Greenberg Capital spoke with CNBC to discuss the situation.  He believes there is a $20-25 premium built into the current prices based mainly on the speculative nature of the current environment.

Source: CNBC

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