GREY:WFREF - Post by User
Post by
JonComon Dec 11, 2014 10:06am
365 Views
Post# 23218876
Price of oil
Price of oil
https://www.nasdaq.com/markets/crude-oil.aspx
Zoom out to 10 years. Do you actually think this dip is here to stay? It may take a year or two, but the markets will adjust and the price of oil will come back up. A few companies will need to restructure and some might get gobbled up by others or go bankrupt, but these low oil prices are unsustaintable in the long run. Look at the havoc its causing here not to mention around the world. They will go back up.