Oil Crashes To $41…… | Zero Hedge

Tyler Durden suggests that crude oil prices will fall in the second half of 2016:

Tracking last year’s pump-and-dump of hope perfectly.

As demand is set to tumble…

Source: Oil Crashes To $41 Handle After Surprise Inventory Build, Production Rise | Zero Hedge

One thought on “Oil Crashes To $41…… | Zero Hedge

  1. […] The long tail and strong volume at $40 suggest that support may hold. But I wouldn’t bet the house on it. Especially when gasoline inventories have surged, the US rig count is rising …..and demand is set to fall. […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s