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. […]

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