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Where Crude Oil Prices Are Headed Next
To hear some analysts tell it, geopolitics and the weather are exogenous events when it comes to energy prices. That is, somehow crude oil prices would operate "rationally" if it weren't for either of them.
That type of thinking is costly. When investors disregard the weather, the geopolitical, or both, they lose money.
So as we begin the fourth quarter, I’m going to handicap where oil prices are headed next…
To hear some analysts tell it, geopolitics and the weather are exogenous events when it comes to energy prices. That is, somehow crude oil prices would operate "rationally" if it weren't for either of them.
That type of thinking is costly. When investors disregard the weather, the geopolitical, or both, they lose money.
So as we begin the fourth quarter, I’m going to handicap where oil prices are headed next…