. If it is true then it isn't going to happen overnight since there's a strong resistance from some OPEC members, they are the ultimate oil speculator.Quote from eagle488:
I saw an interview with Steve Forbes last year on CNBC where he stated that oil will go to $35 eventually.
I think he is going to be right.
Quote from ParisJOM:
What is all this rant about "oil is going to 100" and "oil is going to 30" crap ... why bother speculating on such far out targets ?
When the merket is moving North or South, you will see it and you'll just have to react apropriately.
Most succesful strategies do not involve try to call a way distant top or bottom, why are so many trying to do so here ? ... are any of you are attempting a buy or sell & hold strategy to 35 or 100 ? .. I should think not.