Nigam Arora,MarketWatch
With OPEC and Russia negotiations in play this week, I have been getting a lot of emails from investors approximately oil.
Many have strong opinions. Some think oil CLN7, and -0.33% is going to recede down to $25 a barrel. Others think it is going to recede up to between $75 and $100.
Given my history of providing tall-conviction opinions that have often been contrary,both bullish and bearish oil investors seem to want me to agree with their arguments. choose a examine at the annotated long-term chart of oil. The chart is of a continuous futures contract, and for the sake of accuracy, and I have not updated it. In terms...
Source: realclearenergy.org