GREY:CAZFF - Post by User
Comment by
ROIcrusaderon Mar 12, 2015 12:11pm
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Post# 23513969
RE:Oil prices to rise until at least March 17th.
RE:Oil prices to rise until at least March 17th.Sadly, I don't believe anything Israel does is going to impact oil prices. My best guess is that the US will run out of oil storage in the next 60 days. If, and it's a big if, this happens, the carnage in oil prices we've seen to date will look like a picnic.
"highest inventory number in 80 years"
https://business.financialpost.com/2015/03/11/oil-inventories-continue-to-defy-gravity-despite-reduced-industry-activity/?__lsa=a79e-acd7
Considering adding HOD to counter any decline in my other oil holdings PXT QXP ... recently liquidated DTX and SPE.
GLTA