GREY:WFREF - Post by User
Post by
JonComon Mar 16, 2015 11:41am
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Post# 23525410
Oil Prices
Oil PricesI said in Feb that oil could possibly fall further between now and the middle-to-end of summer. The further it falls in the immediate future, the larger the rebound (whenever that happens) will be. On a more global scale, oil production is unsustainable at current prices. It may continue for months, but looking down the road, it is unsustainable. I have absolutely no idea what will happen to share prices between now and the next few years, but I can say that oil will likely eventually rebound.