August 15, 2018

RISE AND FALL AND RISE AND FALL: A move in crude oil to $50 could come as quickly as a surge above $100, says veteran oil investor.

I’ve been thinking prices are due for for a sharp fall, based on growing US inventories of crude and the coming end of peak summer demand for gasoline. But with a strong economy, and Venezuela’s and Iran’s troubles, you never know.

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