It’s time to revisit the oil plunge

Oil plunge

It’s been a while since our last post and we are pleased to note that our prediction for an oil plunge actually took place as we expected, with WTI crude now towards our target as predicted in Sept 2013. The dance to oil on a slippery ground

The wave count predicts even lower oil prices ahead for oil and further pain for oil producers and related companies.

Crude Oil 1988-2015