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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (33088)8/18/2017 2:48:29 PM
From: Goose94Read Replies (1) of 203577
 
Crude Oil: stuck between $40 and $65 for next five years. Citi says that oil will be stuck within the range of $40 to $65 through 2022, although the bank said that this assumes “smooth sailing” for the oil market. In other words, some unforeseen shocks could temporarily push prices outside of that range. If disruptions are resolved, which restore supply to the market, prices could crash below $40, but outages could cause prices to jump above $70. But beyond that, prices will be range bound.
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