The price of crude oil is curr

The price of crude oil is currently $72.28. Accordingly it's expected to reach $77.81 USD/BBL by the end of the quarter (March 2024). Furthermore it's estimated to trade at $82.04 in 12 months.

The idea of $95 per barrel is a very good price to take profit.

Will you take profits after oil hits $95?

WTI crude oil futures reaches to a record high of $95.03. Oil prices rise to the resistance level of $94 we mentioned before. Hedge funds, however, predict oil prices will soon pass $100 a barrel. -------------------------------- Will you take profits at $95? Or will you go long as institutions? Will you short oil?

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