This WTI Crude Oil Price Floor Will Yield Profits in 2016

The WTI crude oil price just hit a seven-month high of $49.40. Despite the recent rally, investors should actually be keeping an eye on a lower oil price. That's because this price floor will be the real source of oil profits in 2016... Tags: Oil Prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This WTI Crude Oil Price Floor Will Yield Profits in 2016 appeared first on Money Morning - We Make Investing Profitable .