Oil Bulls Gone Wild

[Rodent + 1,424]

Let the bulls begin!

 

"Hedge fund managers raised their bullish position in crude oil and refined products by another 63 million barrels to a record 1,155 million barrels in the week before the OPEC meeting." --Kemp

Edited December 5, 2017 by Rodent

[LAOIL + 33]

Ready for the rodeo ... Goldman is forecasting 9% total returns for 2018, saying oil prices will retain their strength. 

https://www.bloomberg.com/news/articles/2017-12-05/goldman-lifts-2018-oil-price-outlook-on-strong-opec-commitment