Cramer predicts oil prices as low as $40 a barrel as US crude falls into bear market

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U.S. oil prices are in a 'ferocious' bear market, and crude could fall to as low as $40 per barrel, Jim Cramer predicts.

 

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TheMarketStorm You mean back to where it was under Obama? After 2 years of needless financial strain?

Jim Cramer. Can you get put options on the Philadelphia Eagles?

If is short it is time to go long on 10X leverage.

The best contrarias indicator. The chief Clown

Frank_W_D buy buy buy buy!!!

When will the refineries comeback on line. Inventories will go down at that point and prices will be supported

Waiting for the constantly CAPEX-consuming US shale to cry uncle or new political anomalies to take place in the ME or some other major oil exporter

that means go long BUD

And there's the bottom. Thanks Jim.

What a re-tard (said like in Hang Over). If Cramer was a pro he’d have import/export data that hasn’t arrived yet. Trend on inventories is rocket down for US mid Nov. KSA shoved oil into US for midterms now it’s shoving it into Asia. Also JTTC meets Sunday for a cut.

Knows nothing about fossil fuel market. Nothing

Demand is in the mid $50s

Cramer has always been wrong on oil! Look at his trades on APC, SLB, XEC, APA, BP, MMP, ETP, Im sure there are more!

Set a new league goal-scoring record✅ Star on the international stage✅ Set up an academy in the community✅ And Nikita Parris has done it all before the age of 25! Read👉

Why do you quote this guy who failed to recognise the last stock market catastrophe until it was over?

If it dips below $61 anything can happen. WTI below I short again. Has to hold

But why has prices just down a penny or two WTF

outstanding, hope speculators lose their shirts. Now, that's what I call a rebate for the National Economy, actual real tangible money in the form of savings from daily fuel expenditures. People can actually bank this, instead of the normal DC BS. Will Trump say he planned it?

Nysedaytraders Buy oil both hand moment

Because demand is weak. Global economic slowdown indicator realDonaldTrump

he is right , the mouthly double top was confirmed and the target is on $41.5

Why is gas so high?

Nysedaytraders He called 42 last summer. Crude inventories are all that matters now.

Since I missed the way up, maybe this is my chance to ride the wave down.

WHEN WILL EDUCATED WORLD START REDUCING CONSUMPTION OF PETROLEUM & PETROCHEMICALS?

Bullish. Thx Jim.

Gasoline prices went up with Trump, coming back down as we go back to democrats.

Nysedaytraders He must be short on crude and now the dump people that follow him are gonna sell lol

Good,

Good! Maybe now I can afford gas!

At last the bottom for WTI may be within sight.

But California will still charge us 50% more than other states Y is it that we pay almost $4gallon but in Nevada it's closer to $3 even after shipping costs

Great time to increase extra funds for consumers to be redirected to holiday spending.

fantastic than!

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