Chicago trader: Oil to fall 6%, at least

An oil well in the Permian Basin in Garden City, Texas, on Feb. 5, 2015.
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An oil well in the Permian Basin in Garden City, Texas, on Feb. 5, 2015.

Going back to last summer, when we saw the epic liftoff of the U.S. Dollar Index, volatility came back into the markets in a fierce manner (like skinny ties back into the world of fashion ... so I have been told by my wife).