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Oil rallied but the party's over and here's why

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We've seen a four day rally in the price of crude but will it run out of steam? Yes, says Ole Hansen, Head of Commodity Strategy at Saxo Bank, who points to yet more signs of over-supply in the market. 

The rise has been largely caused by the US refinery strikes which have lifted the price of gasoline and therefore dragged up the price of crude. Ole picks out the market conditions which are likely to reverse the current momentum.