What started off as a strong week in the stock market last week — moving higher like a balloon released from a child’s grasp — gave way to the weight of gravity as the lift providing air began to leak from that balloon. The same can be said with what happened to oil prices last week, as doubts emerged over the production accord between OPEC and several other countries, which maintains record-level oil production volumes that were established this past January. Adding even more gravitational pull to oil prices, we learned that Iran would be able to continue its production ramp, and that raised eyebrows even high over the likelihood this production accord would face even more problems.

from Forbes – Tech http://ift.tt/21j0Iap
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