Don Coxe now bullish
Posted: Wed Jun 01, 2016 5:59 pm
They call them "cycles" for a reason and we are definitely in the rebound stage of this one. You should all take a few minutes to listen to what Don Coxe is saying.
Keep in mind that the fundamentals ALWAYS win out in the end for any commodity. Today we have global oil production on steady decline and we have demand for refined products about to spike. See chart at https://www.iea.org/oilmarketreport/omrpublic/