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A comment on Wherever oil goes, the stock market goes.

Re:Wherever oil goes, the stock market goes by allma on Monday February 15, 2016 @11:17AM (#11104120)
I'm a complete layman in this field - but looking at the oil price charts it seems that its never been lower. Even from production/export cost from various countries - it doesn't seem like this price can go on for prolonged periods. I.e. it seems to me that it has to go up...

Any experts here - would this be a sound assessment?

Also (again as a layman) - what would be a good way to bet on this? I.e. can I buy crude oil options virtually, hold them for 1-3 years and sell them as easily as I could stock online? What would be the best way to do this + any lowdowns (except that my bet might be wrong)?

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Re:Wherever oil goes, the stock market goes by TheLogothete on Monday February 15, 2016 @03:04PM (#11105549)
Many people believe that the prices will stay the same for at least the next 2 to 3 years. Some of those people think they will go down to about $20 for a while.
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