I think it was fine they got off of zero, but I have a hard time seeing where hikes two, three, and four will come from with what’s going on in equities, China, and the global economies.

Wayne Schmidt

Categorized in : Latest Headlines

Until something changes on the macro global economic view where business really starts to pick up, this will continue to be the theme, i have a hard time seeing the supply and demand of oil coming into balance…as in the short term with Saudi Arabia saying they won’t cut production, maybe Iran does or doesn’t come onto the market. But prices in the high 20s is a real possibility.

latest-headlines