Only Six Months Ago, Goldman Sachs Warned Of $40 Oil -- January 21, 2018

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Title : Only Six Months Ago, Goldman Sachs Warned Of $40 Oil -- January 21, 2018
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Only Six Months Ago, Goldman Sachs Warned Of $40 Oil -- January 21, 2018

Perhaps they were just a bit early in their prognostication. As oil trends higher, Russia and Saudi Arabia are likely to throw caution to the wind and start producing again.

Having said that, more and more talk of oil trending higher, and at least one trader is making "what-if" plans for $100 oil. No link; saw the story last night; did not meet the blog's criteria for linking. LOL.


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