Financial Times/Philip Georgiadis and Siddarth Shrikanth/4-23-2019
“Crude prices rose to a five-month high on Tuesday, as Washington’s decision to end sanctions waivers on Iranian oil imports buoyed markets for a second day and sent shares in some of the world’s biggest energy companies higher.”
USAGOLD note: One would think that at some point gold would play catch-up with oil but the correlation between the two is not always reliable in the short term. It does tend to play out though over the longer run.
