Nothing pleases me more than to see black gold trade higher given my surroundings. Today we get the breakout that we’ve been watching, but do prices hold? Here’s a short term look at the price action over the last few months:
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What are your thoughts? Looking out until the end of the year, do you see prices moving higher from here? Vote below:
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I don’t think we’ll rip higher, but probably work around between the today’s breakout and that $52-54 range we lived in for a short period this summer. So mark me bull.
I’ll take it.
I like oil.I do not want those guys to lose their jobs.They work hard ,get no pensions and go home dirty.
How much oil do we have in storage again. How desperate are countries
to move product.How can oil stay high
under these circumstances.