Look Who it Was Random video

Why The Price Of Oil Is CRUCIAL Right now – Is Now A Good Time To Buy?

1,030 views · Published 19 December 2018 · 11:34 · Indexed 13 October 2026

Channel: Trading Fraternity · 2018 · Education

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With the price of oil dropping below $47 a barrel today, a lot of people are wondering if now is a good time to buy oil. I go over my thoughts on the oil market, and how I am going about trading it, as the move and price level of oil currently has big implications for other markets and specific companies. Beyond that though, I discuss how the current moves in oil is looking like we are entering the 2018-2019 oil crisis or oil glut which is a result from the first 2014 oil crisis/glut. I compare this to the first 1973 and 1979 oil crisis, and resulting 1980 supply glut, that parallels exactly what our oil markets are going through today. Thought this was a good history lesson, and bonus on where the next bubble is for those who paid attention! 

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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions. Investing in general and options trading especially is risky and has the potential for one to lose most or all of their initial investment

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