RE:Oil going down to the 40’s & 50’sNo way, not with what is happening with Iran.
DukesMtl wrote: Happens each year during this time of year. We are in a dead zone period where no heating oil is being consumed and tax loss selling season starts. We have already started to see inventory builds and it will just get worse with OPEC pumping double what they were when they had previously...Recipe for a drop in the WTI price and CPG going down to 4-5.00