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The One Reason Oil Has Nowhere to Go but Down

Blink and you’ll miss it: Just last week, WTI was flirting with a four-year high.

Now it’s plummeted 8%.

Money Morning Technical Trading Strategist D.R. Barton, Jr., appeared on FOX Business Network‘s “Varney & Co.” yesterday to explain the reason behind oil’s precipitous drop… and why he doesn’t expect it to recover any time soon.

After watching this 40-second clip, you’ll know more about what’s really affecting oil prices than 99.9% of the population.

And without this information, you could be leaving yourself open to catastrophic losses…

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The post The One Reason Oil Has Nowhere to Go but Down appeared first on Money Morning – We Make Investing Profitable.

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