Oil Falls as German Manufacturing Output Contracts – Bloomberg 03-21-13

Salient to Investors:

Addison Armstrong at Tradition Energy said the German PMI data is clearly bearish for the oil market because if the Germans are not making things, where is European demand going to come from?

Michael Lynch at Strategic Energy & Economic Research said Cyprus is an example of what ails the euro zone, though the collapse of Cyprus is not going to bring Europe down.

Read the full article at http://www.bloomberg.com/news/2013-03-21/oil-falls-as-german-manufacturing-output-contracts.html

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