Crude oil will fall below $80 in June, with tropical storms and hurricanes the only potential...


Crude oil will fall below $80 in June, with tropical storms and hurricanes the only potential catalysts that could send prices higher, ValuEngine.com's Richard Suttmeier says. If he's right, $79 crude would not only mark a seven-month low but also complete a 30% plunge from February's $110 top.

From other sites
Comments (2)
  • cgm
    , contributor
    Comments (200) | Send Message
     
    Amazing that this guy can predict the future.
    30 May 2012, 11:42 AM Reply Like
  • Joe Eifrid
    , contributor
    Comments (353) | Send Message
     
    Hmm...no premium for the coming Iranian Oil embargo July 1st? Seems that could be a potential catalyst to least put a floor in higher than $80.
    30 May 2012, 12:18 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs