Cameron Hanover – Daily Energy Hedger – May 25 2010

Oil prices were mixed to lightly higher on Monday, and some observers feel that the market may have turned an important psychological corner, with oil prices holding relatively steady in the face of a stronger dollar and weaker equities. Those have been this market’s “trump suits” since March of 2009. And one of the other of the two has been behind the weakness in oil prices since the start of May.