Will Oil Reach $120 by December?

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"Although there have been numerous economic reports to derail oil, the black gold continues to hold firm."

Wall Street Cheat Sheet, Eric McWhinnie

Although there have been numerous economic reports to derail oil, the black gold continues to hold firm. Last week, investors were reminded that the employment picture remains weak, as initial claims came in at 418k. Barclays Capital released a report that inflows into commodity markets fell sharply as the first half of 2011 ended. . .View full article

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