V-shaped oil recovery gets derailed with ‘Grexit’ back on the table
February 05, 2015 at 05:49 AM EST
A few days of recovery in oil prices and, hey, the bottom is in? Not so fast. Wednesday’s 9% retreat threw water on the notion that a swift V-shaped bounce is in the works. Could still happen, of course. And if it does, it would fall in line with historical patterns.