Blackwolf,Oil prices will, at some point, decline.The question...

  1. 2,834 Posts.
    Blackwolf,

    Oil prices will, at some point, decline.

    The question is when they do so, and what they decline to.

    If you are so certain they will go below US$30, then I'd suggest you can make a great deal of money selling long-dated oil contracts.

    I think the market will cover them for, ohh, a couple of billion dollars.

    Alternatively, I'm prepared to negotiate on a small side bet.

    So, BlackWolf, are you going to fish, or are you going to cut bait ?

    Ian Whitchurch
 
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