We Revisit The Crude Oil Market

Posted on by The INO.com Team

In my new video on the crude oil market we see how this market has been creeping up in value and in now trading over $50 a barrel. The question is "How high can crude oil rally given the world economy?"

The potential is that crude can go higher as the United States is addicted to oil and cannot at this stage run without it. The same goes for most other countries. Whatever the arguments are for crude oil I think you will find this short video of interest.

The short video outlines the path for crude oil and is free to watch.

I hope you learn something from this video.  Feel free to give us your feedback on what you think is going to happen to this market in the future.

All the best,

Adam Hewison

President, INO.com
Co-creator, MarketClub

P.S. Did you see our new video on how to use the new MarketClub Charts? Watch it here.

10 thoughts on “We Revisit The Crude Oil Market”

  1. Lumir,

    Thank you for your feedback. I'll try to get something out on gold and silver in the not too distant future. Thank you for using our service and for your kind comments.

    All the best to you.
    Adam

  2. Dear Adam,
    I'm about 40 days with Marketclub and I feel that your information base is excelent. I also like new charts. Wiht regards of the crude oil I feel that you are right and it will go higher soon, but now, I think that 47-49 is very important area which could send it back up or back down. I'm personally bullish, but the retracement will take some time and could lead to 43-44 area briefly.

    Could you please also post something about gold and silver, I feel that both metals are at the lower trendline and it is break point up or down...

    Thank you very much in advance,
    Lumir

  3. Avi,

    I think for the most part we are going to see crude oil on the defensive in the short term. I'm doing a blog posting for tomorrow's blog on crude oil showing the retracement levels that I think this market can get back to.

    I think you'll find the blog posting interesting as it should answer your questions.

    All the best,
    Adam

  4. Do you think crude oil can still hit low 40's instead of going towards the 60's and more?

    Thanks

  5. Dan,

    I prefer the futures markets simply because I believe it is more of a pure play. Futures track the underlying asset much better than any ETF out there.

    Hope this helps.

    Thank you for your feedback.

    Adam

    1. Al,

      First and foremost you need to have a brokerage account that allows you to trade futures. Once you have this in place it is relatively easy to trade in the futures markets. I would recommend that you start off with an E-mini contract just so you can begin to understand how futures work.

      All the best to you.

      Adam

      1. Hi Adam!

        Not as 'advice', but more as a preference.... would you trade futures or ETFs / Oil companies if you were looking to profit the best from the unavoidable eventual rise in oil prices? If the value of currency like the USD keep depreciating by printing unlimited amounts of it, the amount of $ it will take to buy the limited supply of oil will no doubt go higher (possibly than ever before in my humble opinion).

        Thanks for all you do to help us find trades! Your personality and disposition in the delivery of the videos makes them great to learn from as well. Hope to hear from you sometime soon!

        Dan

  7. Ladi,

    Thank you for your feedback. It is valuable information that you are sharing with all of our users. I totally agree with you in following the market action which is where the market is headed.

    Adam

  8. The Inflationary actions of the world, not just the U.S. would drive this market again. In addition, given the fact that Oil fields deplete at a +9% rate per year. But my action would be to follow the trend

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