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stocksmarter

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stocksmarter

Re: None

Monday, 01/26/2015 9:12:10 AM

Monday, January 26, 2015 9:12:10 AM

Post# of 12758
OPEC's Badri expects some oil price rebound soon

LONDON (Reuters) - Oil prices at current levels may have reached a floor and could move higher very soon, OPEC Secretary-General Abdullah al-Badri said on Monday

"Maybe we will go to $200 if there is a real shortage of supply because of the lack of investment," Badri said.

Setting up for a bounce in prices, better read the signs, Oil will rebound this year and there is huge upside for buying at today's prices!
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