The Bottom in Oil Isn’t Near – Market Update with Seth Setrakian
January 13, 2015 – Tip of the day: Listen to the messenger, not the message. Yesterday, Venezuela met with Saudi Arabia and broadly proclaimed that the bottom is near on the price of oil, that they will work on the stabilization of prices and agree on the future.
• Oil prices are down $1.25
• We are close to the end on the oil price war