US Oil: Don't forget the $77 level for dip buyers

US oil upside.  US oil has reasons for upside on falling inventories, rising demand, a possible pivot away from nat gas to oil, and a clever OPEC handling of prices. See my last post here.  So, as an energy crunch closes in from Europe to Asia, don't forget that $77 is a great level for medium term longs looking for a punt back up to $100. 

US Oil: Don't forget the $77 level for dip buyers

US oil upside. 

US oil has reasons for upside on falling inventories, rising demand, a possible pivot away from nat gas to oil, and a clever OPEC handling of prices. See my last post here. 

So, as an energy crunch closes in from Europe to Asia, don't forget that $77 is a great level for medium term longs looking for a punt back up to $100. 

US oil upside.