The economy in the U.S. managed to barely expand in the fourth quarter as the smallest trade deficit in almost three years helped overcome the biggest plunge in defense spending since the Vietnam War era.
Demand for goods such as machinery and electronics climbed in October by the most in five months, signaling companies are starting to overcome concern the looming fiscal cliff will derail the U.S. economy.
Crude oil is better supplied and demand growth is going to slow. Is there a better time to buy crude? Crude oil looks to break its three-week long losing streak as the doom and gloom over the fundamentals continue to roll in.