Crude Oil WTI Futures - Jan 23 (CLF3)

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  • Bid/Ask:
  • Day's Range:
    76.29 - 79.56
  • Type:Commodity
  • Group:Energy
  • Unit:1 Barrel

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  • OIL is still very bullish, who ever think iran deal will relieve oil in the near term is mistaken it would take 3 to 6 month to bring a million back,, if a deal happens at all... US strategic reserves are sitting at 469 mill the lowest they ve been since 1985...  predictions say hurricane season will be more intense this year so any IDA like hurricane stopping oil production would send this to extreme levels.. with gas prices off the roof i see shorting in the upcoming weeks is very risky.