"Today's session in the oil pits confirms that energy prices are being driven by more than fundamentals. The global balance of oil supply and demand does not change rapidly in a single day. Oil demand growth has decelerated and the global economy's prospects have weakened, suggesting lower rather than higher prices for crude." Moody's Economy.com, 9/22/08 Read More >>
The Speculators Glossary of Terms
Speculator:
In commodity futures, an individual who does not hedge, but who trades with the objective of achieving profits through the successful anticipation of price movements. More from the Glossary >>
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