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re: When do you think oil will rise again?

Posted on 3/21/17 at 5:58 pm to
Posted by DaBike
Member since Jan 2008
9374 posts
Posted on 3/21/17 at 5:58 pm to
It's going to be a slow long climb but will happen. OPEC has been holding flat on production which was a part of the recent rise in price. However domestic storage is at an all time high and domestic activity started to increase with rig counts increasing each week.

its all supply and demand and supply is still out pacing demand.

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