Sunday 14 August 2016

US OIL: It took two sessions to have an unanimous view:

Agenda:

1. Ten year price view 2008- 2018.
2. Why prices dropped below 100$
3. US shale oil entry
4. World oil consumption
5. International Oil politics
6. World economic growth
7. Emerging alternate energy resources
8. Technical view /Ideas
9. US dollar strength now and forward.

The conclusion :chart inserted: Oil price will fluctuate  between 55 $ - 22 $, bias more towards 22 $.

Another session convened tomorrow to discuss and finalize  the Orders placement,Hedging and Targets.

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