I think the floor is somewhere between $55 and $60, unless we get a Gulf hurricane or escalated problems with Iran. Methinks a good twenty bucks was a fear factor with a bit of speculator manipulation thrown in.
"I think the floor is somewhere between $55 and $60, unless we get a Gulf hurricane or escalated problems with Iran. Methinks a good twenty bucks was a fear factor with a bit of speculator manipulation thrown in."
Soros????
Who were the manipulators and how did they accomplish the manipulation?
At least with each passing day now a strong gulf cane is less likely...even if were not out of the woods yet..
We commute to work from the burbs and the nearly $3 was eating our lunch.
I never thought $2.41 would be something so good to see.
Anything lower would be better of course.
It can overshoot. Happens all the time.