Possibly. If the markets fall (like last year and as shown 2008) and this causes a drop in demand because of recession, then oil prices will drop heavily.
I agree the trend is presently up, but oil and other energy is heavily influenced by other factors imo. Shall see though.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-60
-
- There are more pages in this discussion • 16,091 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,733.7 |
Change
-62.300(0.80%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,796.0 | 7,796.1 | 7,730.5 |
| XJO (ASX) Chart |