January 19, 2016
Last week crude oil broke the $30 level on the downside with both Brent and WTI closing below that important level. Crude oil has dropped 20% during the first two weeks of 2016. In my latest piece for Seeking Alpha I explain why the fundamentals for crude oil still support even lower prices but how geopolitics can change that in a heartbeat.
Article: Crude Oil In A Pressure Cooker
Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.