Good news: We'll be under 3 for a long time (8-10 years potentially)
Bad news: You prob wont see under 2 anytime soon
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The chances of another sharp fall in the price of oil is rapidly receding, according to a notable European commodity analyst, who expects a period of stability in the second half of the year.
"The simple fact of the matter is that the window for a correction will be closing in the coming few weeks," Michael Wittner, global head of oil research at Societe Generale, said in a...
The Under $2.05 per gallon gas thread - Stay on target.... stay on target....
Bad news: You prob wont see under 2 anytime soon
--
The chances of another sharp fall in the price of oil is rapidly receding, according to a notable European commodity analyst, who expects a period of stability in the second half of the year.
"The simple fact of the matter is that the window for a correction will be closing in the coming few weeks," Michael Wittner, global head of oil research at Societe Generale, said in a...
The Under $2.05 per gallon gas thread - Stay on target.... stay on target....