Placing spread bets on oil prices should consider that they are going up again, rising $2 a barrrel. With energy demand expected to increase from the U.S. market, as well as in China and India, couple with a sudden drop in oil supply, a bull market is likely to continue with oil prices. The Guardian reports on the oil prices:
"No news was bearish today. Really that's all investors need right now
to push energy prices higher," said James Cordier, head of Liberty
Trading Group in the US.
