Sep 13, 2018

Crude Oil: $80/Barrel By The End Of The Year

Crude oil is getting more expensive again. The chart to me looks very, very strong. I still think we have a shot of 80 dollars a barrel crude before the end of the year and then north of a 80 dollars a barrel next year especially when the US Dollar rolls over. If you think about how strong crude oil prices are today with the US Dollar strong, imagine how much stronger oil prices will be tomorrow when the US Dollar is weak.

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