Turnip truck analysis usually hides very specific intent. This is a zero sum game.
Headline: Oil rebound weakens effect of supply release
An attempt by the U.S. and other non-OPEC governments to sway oil and gasoline prices appears to have petered out in less than a week.
Benchmark crude settled at $94.77 per barrel Wednesday on the New York Mercantile Exchange. Over two days, oil has nearly recovered the loss from last Thursday when the U.S. and other oil-importing countries said they'd dump emergency oil supplies onto the market.
Brent crude, which is used to price many international oil varieties, also rebounded. Although at $112.40 per barrel, it's still about 2 percent below where it was last week.
Source: finance.yahoo.com
