InvestorsHub Logo
Followers 115
Posts 13367
Boards Moderated 0
Alias Born 05/27/2004

Re: JJL post# 2655

Thursday, 07/09/2015 1:19:26 AM

Thursday, July 09, 2015 1:19:26 AM

Post# of 13692
I suggest looking up on the problems in china right now, and the data on our crude inventories being higher than expected. Had a good little ride around 60 a barrel past what...2 months or something along those lines? Of course Goldman is going lower now on their forecast for the end of the year. October is not looking so hot.


So if the oil price stays at this level or even lower which it very well could be...maybe a dollar on some kind of speculation but it wouldnt last long if at all in my opinion.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.