Tag Archives: oil bottom

$40s Oil DeJa Vu All Over Again?

In the most apropos words from Yoggi Berra,  “DeJa Vu All Over Again,” we observe oil trading in the $40s per barrel in January 2015 as if it were January 2009.

Which may lead us to say that oil will bottom soon and start to climb back towards $80 just as it did by October 2009.

Yes, and Yoggi Berra also quipped, “Its tough to make predictions, especially about the future.”