ctombm

LONG TERM OIL OUTLOOK

Long
NYMEX:CL1!   Light Crude Oil Futures
2
Crude Oil has been tumbling in recent times... Why? OPEC? Saudi Glut? IS War?
Hmm Many many reasons to why Oil is falling and It's best if you make your own opinion.
But whether you like it or not, OIL is cheap at the moment and there is extreme value in this very necessary commodity.

Look for a Break @40.13 Targeting 62.05 - 87.48
This could take a year or so depending on the news from OPEC and blah blah!

Overall this is a great commodity and is Cheap around 20-40$


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