Crude Oil Rejects $50

August 29, 2016

Last week, the rally ended in crude oil and the price fell back to the midpoint of the trading range since early July. In my latest work for Seeking Alpha, I explain why the rally in oil was doomed from the start and why the trading range of $40-$50 per barrel will likely contain the energy commodity until an exogenous event causes it to break one way or another

Article: Crude Oil Rejects $50

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s