got 3 longs in it from different prices (look at my status on profile).
wti is a BUY , psychologically for the market, it would lose to get again to 3x.xx $, not reckoning anymore with thirties area. if you can hold, hold it for 20 years around, we'll get prices over 150 $
Interesting insight m8 , but 20 years is too long for oil, we will be already transfering our transportation to electrical/green energy for sure. So there will be less demand for oil , which won't make the price go as high as you state.
@StrInvestments, it sounds logical what you say, yes, but still there is something hidden there, some event, or happening, very bad happening, good for oil price. Hmm
StrInvestments
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@Wallstreet_CCCC, you do have a point, did not look from this side !
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@StrInvestments, you can interpret it in so many ways, logical, futuristical. so many ways. Hmm. Lets see, I'm optimistic of a outbreak above the golden line