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It's conceivable that oil could hit $100 a barrel soon, but the increases are being driven by momentum traders and speculators more than by fundamentals, say some analysts: "Hedge funds and other players are supremely in control of this market. It's a case of the tail wagging the dog." [BusinessWeek]
It’s conceivable that oil could hit $100 a barrel soon, but the increases are being driven by momentum traders and speculators more than by fundamentals, say some analysts: “Hedge funds and other players are supremely in control of this market. It’s a case of the tail wagging the dog.” [
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