Financial Times FT.com

View of the day: Crude retreat

By Liz Ann Sonders

Published: May 12 2008 15:33 | Last updated: May 12 2008 15:33

Oil prices could soon go into reverse following their steady advance over the past few months, believes Liz Ann Sonders, chief investment strategist at Charles Schwab.

She says there has been neither a “supply shock” nor “demand shock” to drive prices higher.

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