Commodity Trade Mantra

Posts Tagged ‘West Texas Intermediate Crude’

Is Oil Going to $70 or $20? Answer May Surprise You

Is this oil bounce for real? The legendary T. Boone Pickens thinks oil’s going to $70 before the end of the year. Then you’ve got the infamous vampire squids at Goldman Sachs telling everyone to get ready for an oil bear that’ll last for 15 years—and send crude down as low as $20 per barrel. So who’s right? Take a look for yourself.

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