The IEA boosted forecasts for world fuel consumption this year on surprising strength in China, and still anticipates a supply shortfall during the fourth quarter. But it will be roughly 30% smaller than previously projected, at about 900,000 barrels a day.
Dollar weakness is here to stay; get into a bucket of metal stocks: Sanjiv Bhasin
“There is nothing called sitting on cash because this is a bull market. You will have enough opportunities maybe coming your way but you have