The Globe and Mail | Oil pares losses after dive toward 12-year low seen too far, too fast Reuters "I'll say it's oversold on a short-term basis, though I am an oil bear," said Tariq Zahir, who trades mostly longer-dated spreads in U.S. West Texas Intermediate crude futures (WTI) for the Long Island, New York-based Tyche Capital Advisors fund ... Oil prices steady on short-covering after nearing 12-year low |