The Energy Trade Will Be One of the Biggest Drivers in the Market in 2015

The commodity trade took center stage in 2014 and will remain in the spotlight for 2015, particularly crude, with the U.S. dollar moving higher.
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The commodity trade took center stage in 2014 and will remain in the spotlight for 2015, particularly crude, with the U.S. dollar moving higher and non-resolution of the supply glut between OPEC and non-OPEC members. Jeff Grossman, energy trader at BRG Brokerage tells TheStreet's Jill Malandrino crude has not seen any support from its drop of the high at $107.73 in June and until there is more clarity with supply, production and pricing, crude could continue to be under pressure. On one hand, cheaper oil is hurting the producers, but on the other it could actually be a catalyst for an increase in demand which could help pricing in the long-term.