Oil...Black gold....Is it time to go buy?

Oil...Black gold....Is it time to go buy?

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Schiehallion85

Original Poster:

36 posts

167 months

Friday 5th December 2014
quotequote all

What are the feelings on the Oil Prices at the moment? Is anyone looking at opening a long position?

The price of Brent Crude is at it's lowest for for 5 years having dropped like a stone.

Everything I read along with my gut is telling me that it is a short-term temporary low due to manipulation....When it does turn around its going to happen fast.

Is $100 a barrel mid 2015 unrealistic?