Commodity Trade Mantra

Posts Tagged ‘Oil Pricing’

The Oil Pricing Mystery Has Been Solved

Plan for oil prices to stay lower for longer than you think. As with most busts, there has to be a washout phase filled with bankruptcies & lots of angst. We’re not there yet. Oil stocks are way down – But I expect we’ll see a significant oil company or two go under. The bust will take some time to play out — not weeks or months, but probably years.

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