Why Oil Prices Will Keep Moving Up

Crude oil prices were have hit a two-year highs. Despite the
misgivings of some pundits who view oil simply as a means for
making money from short plays, the global market has finally
stabilized. That means we’re now in the perfect environment to make
some nice money with the presence of two crucial ingredients: a
degree of predictability and low volatility. WTI posted a price
above $57 on Tuesday morning, with the consensus now forming that
the next resistance level may be around $59. Meanwhile, Brent (set
daily in London and the more globally…

Crude oil prices were have hit a two-year highs. Despite the
misgivings of some pundits who view oil simply as a means for
making money from short plays, the global market has finally
stabilized. That means we’re now in the perfect environment to make
some nice money with the presence of two crucial ingredients: a
degree of predictability and low volatility. WTI posted a price
above $57 on Tuesday morning, with the consensus now forming that
the next resistance level may be around $59. Meanwhile, Brent (set
daily in London and the more globally…