YGRN - Yes Crude Oil Has Bottomed

Last week, I wrote an article, in which I argued that crude oil has bottomed and that price is likely to rise from here. This article caused quite a stir with one analyst on Seeking Alpha even going so far as to write a direct rebuttal to the piece. In this article, I will dig deeper into the fundamentals and financials of crude oil. If you're pressed for time, here's the conclusion: yes, crude oil has almost certainly bottomed, and there is substantial upside ahead.

The Balance

As someone who actively reads oil market

Read more ...