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inforthemoney2

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inforthemoney2

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Tuesday, 12/13/2016 6:34:26 AM

Tuesday, December 13, 2016 6:34:26 AM

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Fmr. Gulf Oil CEO: Oil to Reach $75 a Barrel by Year's End


With only two weeks left in 2016, one former oil executive has a hefty prediction regarding the price of black gold by the time the New Year arrives. Recently, oil has been trading above $50 a barrel on optimism that an OPEC production cut will reduce the global supply glut. Joe Petrowski, the former CEO of Gulf Oil and a self-proclaimed “bull on oil,” is forecasting that oil prices will rise even higher—to $75 per barrel by the end of the year


http://www.foxbusiness.com/markets/2016/12/12/fmr-gulf-oil-ceo-oil-to-reach-75-barrel-by-years-end.html


If this news plays out we could see $ 20 or more by New Years imo.

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