Oil traders make investment decisions based on various inputs. Some use charts to predict future price moves, others look at supply and demand data, and in the 1920s some traders actually thought that the dialogue bubbles in comic strips revealed the future price move of stocks and commodities. New technologies brought more complex methods including the use of thermal cameras to track pipelines and storage tanks. , many oil traders thought that thanks to , they had discovered the “holy grail” of forecasting gasoline prices.
Oil traders find lack of a solid correlation between Apple’s …
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