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Commodities Briefing - Categorized | Oil, Price Watch more

Oil not going to $50 any time soon

Posted on 21 December 2012

The contrarian walled deep inside newsletter land might want to sell people on the idea that oil prices, trading sideways all year, are heading to the vicinity of 50 bucks a barrel. But the smart money thinks otherwise.
Barring a complete crack up of the eurozone, a China hard landing, and a U.S. recession due to failure in the fiscal cliff talks, oil will likely be another boring commodity in 2013………………………………………..Full Article: Source


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VRS - who has written 42186 posts on Opalesque Commodities Briefing.


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