oil....86.14......+2.10 today

Headed for 90?

It lingered between 75 and 80 for the longest time. Comments from a month ago....by "oil moguls" stated they could maintain the price between 80 and 85 in some form of "indefinite" fashion as a sign of holding the line.....two weeks ago yet another "oil mogul" change that to 85 and 90.....and tried to persuade that as a good frame to hold the line....lol

Seems they plotted and conveyed a thought and up it went...lol....When I heard the first comments, I turned to my wife and said..."oil is going to be 85 next week"....lol

doni