Excerpt from:  Financial Spread Betting Strategies
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February 20, 2008

Financial Spread Betting Strategy: Oil Prices

Oil prices rise in spite of worries over the economy
Indeed, other pressures upward on oil prices are trumping economic worries.
Placing spread bets on oil prices should consider that they are rising despite continued worries about the US economy. Indeed, other pressures upward on oil prices are trumping economic worries. Financial spread betting strategy on oil prices should consider this from Bloomberg:

``Economic growth concerns have been trumped by long-term structural supply issues that recent news flow has highlighted,'' Goldman analysts including Jeffrey Currie in London said in a report received by e-mail today.

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