DailyFX | WTI Crude Oil Price Forecast: You Can't Spell Turmoil without Oil DailyFX Oil has to be near a bottom! It is getting outrageously cheap. Just a reminder: If you buy Oil at $30/bb and it drops to $20, which is a drop in the asset you invested in by 33%. Yes, as Oil gets closer to $0, it is by definition getting closer to a ... Iran's Return to the Global Oil Market Is No Cause for Panic Oil plumbs new lows below $27 as oversupply woes persist US oil falls below $US27, sector sentiment 'very bearish' |