- Crude Oil Trading | April 13, 2016
It’s been a long time since oil has had this much pep in its step. And it’s lifting the rest of the market higher too. Yesterday’s close above its 200-day moving average is crude oil’s first since July 2014. Is the longest downtrend for oil in history is finally through? It’s possible. The road higher will be messy and difficult. But some quality trades should materialize soon enough.