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Crude Oil Back At The Sweet Spot Which Is Magnetic

Crude Oil Back At The Sweet Spot Which Is Magnetic

May 22, 2017

Crude oil traded to a low of $43.76 per barrel on the June NYMEX futures contract on May 5 and has since moved back towards the $50 sweet spot for the energy commodity. In my latest work for Seeking Alpha, I explain why oil is likely to trade around the $50 sweet spot over the coming weeks and months and why any shocks are likely to be on the upside.

Article: Crude Oil Back At The Sweet Spot Which Is Magnetic

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