Oil looks to central banks for support  Can the Central Banks
Save the Oil Market?  With German business confidence faltering
in the aftermath of weak economic data, the once economic
strength of the Euro-zone is faltering. Oil prices are coming
off their lowest levels of the year, the U.S. stock market is
soaring and the perception that the Eurozone will have no choice
but to lower rates so perhaps they'll have to take even more
aggressive steps to breathe life into their faltering economy.
But it is not just Europe! The sell-off that we saw in gold and
oil was a wakeup call to the G-20 and other global central
bankers that the risk of falling back into deflation is high
unless they start ramping up the printing presses. Confidence is
faltering and it is clear from the G-20 that the plan they have
is to print and print and then print again.  And with oil that
is all we have. Demand expectations have been falling. The
Global Oil demand outlook would continue to decline as oil
inventories begin to rise. U.S.