#Oil #CrudeOil #OilPrice
In the longterm can crude oil prices reach the $75 price level? With the economy slowing in growth we must ask ourselves will the demand still be there with alternative energy options in the midst or will it not effect further price increase?
Charts have show potential upside movement long term on higher chart timeframes. As we dive in with Ichimoku clouds with some technical analysis my bias is sometime in 2020 we may see elevated prices.
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#Oil #CrudeOil #OilPrice #cashflownexus #ichimokukinkohyo #priceprediction #priceforecast #commodities
