The Oil Cartel is not finished just yet.
Petroleum Stockpiles are artificially inflated. the driving season has not begun yet. the feds will raise rates.
Oil and the dollar will rise. Commodities will rise along with the dollar. if Canada Rail Strikes you will see more commodities limit up.
but it all comes down to the EUR and USD. I believe the Feds trying to get ahead of Inflation will push the Euro lower.
we will be in for a wild ride this summer.
Petroleum Stockpiles are artificially inflated. the driving season has not begun yet. the feds will raise rates.
Oil and the dollar will rise. Commodities will rise along with the dollar. if Canada Rail Strikes you will see more commodities limit up.
but it all comes down to the EUR and USD. I believe the Feds trying to get ahead of Inflation will push the Euro lower.
we will be in for a wild ride this summer.
1