RE:RE:RE:$10!deepblue wrote: don't thnk $10 anytime soon, should see a pullback to $7.00 first.
What data/information are you basing that prediction on? The world is in a supply/demand deficit now due to declining US production, strong demand and major supply disruptions in the oil sands and Nigeria. Inventories are drawing down and the price of oil is surging to levels not seen in almost a year. Not sure why you think we will see a near 20% correction amidst the bullish sentiment and ever improving fundamentals......????