Oil is testing multi-year lows this morning and I'm wondering - where is the 'line in the sand' number that will hold? None of the other 'benchmark' support numbers have held. Not 84, 82, 80. Can 77 hold? And the follow up question - where does oil go if it doesn't?
What does this mean for you? Lower gas prices and potential deflation? I wonder and will continue to watch the price of crude oil.
What does this mean for you? Lower gas prices and potential deflation? I wonder and will continue to watch the price of crude oil.