Crude Aims At $140 –

Crude Oil supplies dropped 4.6 million barrels last week and the market reacted.  The price of crude ended $5 dollars higher and looks as though it wants to hit the important $140 mark.  Light trading will have an exaggerated effect on the price and many traders have not adequately adjusted for the volatility.  This marks the fourth consecutive week that supplies have fallen.

To read a recent article, please click here:

Jim Sutliff

This entry was posted in Investments, Oil, Options & Futures. Bookmark the permalink.