Oil is in a bull market for the long haul. The charts suggest we have gotten ahead of ourselves, so a pullback is to be expected.
Over the long term of 5 to 10 years the price of oil will continue to rise. there will be up and downs, but if you buy the big dips you will make a fortune.
Barron's Banks on $100 Oil [View article]
Over the long term of 5 to 10 years the price of oil will continue to rise. there will be up and downs, but if you buy the big dips you will make a fortune.