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Free oil in the Gulf.
Why buy the stuff?
The oil market is a Ponzi scam.
That volume is still high. Somebodies trying to hide something.
Doesn't Spendingpulse only look at credit card purchases, specifically the mastercard system? Certainly that consists of a lot of purchases but how do they deal with evaporating credit and more people moving to cash only purchases? I would think that the chunk of data that they rely on for thier metrics is dwindling.
why the hell is oil so correlated with Euro?