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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (45277)6/18/2018 8:52:04 PM
From: Goose94Read Replies (1) | Respond to of 202923
 
Crude Oil: I remain cautious on the oil part of the energy market for the near term. Crude prices should fall below US$60 per barrel as Russia and Saudi Arabia are now adding volumes. There’s clear evidence that they’ve already started to lift significant volumes. We’re bullish on natural gas and natural gas stocks. If a significant crude oil inventory build is seen in the OECD and particularly in the U.S., then WTI could fall into the US$50s in the coming months. Hold cash for great buying opportunity once this corrective phase is over.

Said Josef Schachter on BNN.ca Market Call Monday June 18th @ 1200ET