skip to Main Content
Crude Oil Continues To Grind Higher Towards The Sweet Spot

Crude Oil Continues To Grind Higher Towards The Sweet Spot

July 31, 2017

$50 continues to be the sweet spot for WTI light sweet crude oil and on July 27 the price moved within $1 of that price. In my latest article for Seeking Alpha, I explain why crude oil is now under the control of the three top producing nations in the world, why $50 is a price they can live with, and how the U.S. is now the world’s swing producer thanks to technology which puts America in the drivers seat as the most powerful energy independent producer in the world.

Article: Crude Oil Continues To Grind Higher Towards The Sweet Spot

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Leave a Reply

Back To Top