This May Be a Bottom for Crude Oil

 You are receiving this as part of your subscription to Oil & Energy Investor. To remove your email from this list, [unsubscribe here](.  [Oil and Energy Investor with Dr. Kent Moors] [Oil and Energy Investor with Dr. Kent Moors] Friday, April 17, 2020 [This May Be a Bottom for Crude Oil]( By Dr. Kent Moors While the markets are spiking, thanks to some optimism on the COVID-19 (coronavirus) vaccine front and plans to begin a slow reopening of the U.S. economy, oil is once again marching to a different drummer. But that may now be changing. Having suffered the most precipitous collapse in decades with prices not seen in almost twenty years, something more positive finally started kicking in overnight. This is not reflected in the immediate price. Rather this is being reflected in the May front-end (next month) levels set to take over on April 22. The current 30-day contract, having experienced a momentous cratering during the month, expires for WTI (West Texas Intermediate, the futures contract benchmark set in New York) at the end of trading (for oil, that's 2:30 in the afternoon) on April 21. Brent (the more widely used global standard set daily in London) has already shifted forward. WTI had continued to fall, further declining at one point to $17.25 a barrel overnight. But the story is a very different when you move down the "futures strip." This refers to the trading of sequentially dated contracts into more "back" months further down the curve. There, something encouraging is finally afoot. [The overwhelming sentiment among my network of industrial contacts - both in the U.S. and abroad - points toward a floor being established under both Brent and WTI](...  [Trending] [Trending] [Swiss Banks like UBS and Credit Suisse Are Eyeing These Obscure Players]( The Swiss franc has long been one of the world's most powerful currencies. But now, Swiss bankers from central to private banks are adding [a new currency]( to their wallets - one such currency has surged as high as 23,032% in less than three months. [See more](... [How One Formula Can Hand You the Best of Both Worlds]( Tom Gentile has uncovered a [low-cost, high-potential opportunity]( that's practically tailor-made for today's market. Anyone can get started with as little as $371... and in just a few weeks, you could walk away with a fortune. 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