Viewpoints
Opinion

Crude Will Soon Crash

Crude Will Soon Crash
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, on June 9, 2016. Richard Carson/Reuters
|Updated:
Commentary

Crude oil prices continue to scream higher and have recently touched their highest level since the Global Financial Crisis. Many pundits are predicting crude oil prices will continue to climb and could easily break the peak set back in July 2008. With the world turning its back on Russian oil and inventories at Cushing, Oklahoma, fast approaching their all-time lows, the case for higher crude oil seems to be a certainty.

Steven Van Metre
Steven Van Metre
Author
Steven Van Metre, CFP, designs and manages unique investing strategies. He has a YouTube show where fans across the globe tune in to hear his thoughts on the global economy, monetary policy, and the markets.
Author’s Selected Articles
Related Topics