Don’t wait and lose out contact us today. Huge profits are made in oil during times like this, then come long periods of time when oil just drifts aimlessly profiting no one. You too can easily profit from the upcoming turmoil in oil. Please contact us if you would like more information on how to get in on the upcoming profits in crude oil as well as the other markets we routinely follow. We will continue to monitor and prepare for all possible scenario. Those are the two competing stories currently. Of course, if there is a vaccine for the virus and the world can put the global pandemic behind it, the world economy could explode taking crude oil along with it. Taken together along with an economy that may take a dump, and there is a possibility the crude markets may just collapse again like it did in the early part of 2020. This would further add to the supply glut if they are allowed to produce. ![]() Currently in America a change in administration may hearken a change in policy towards Iran and Venezuela both potential major oil suppliers. Add to that the coming supply increases from Libya and the world has plenty of oil sloshing around. On the other side of the equation are the US frackers who have successfully lowered their break even points such that any increase in the price of crude leads to more US production. The major oil producing countries need a price far higher than $40 to maintain their fiscal solvency and avoid internal conflicts. There will be money to be made in oil in the coming months when the trend change gets sorted out but at this time it is not quite clear. The resolution of these two narratives will ultimately determine the major trend change. In the other camp are the bulls who see both the world awash in oil and demand destruction from the ongoing lockdowns associated with Covid-19. In one camp are the bulls that cite the OPEC+ cuts in the hopes that a decrease in supply will increase the price of crude. The oil price action has been pulled by two opposing narratives. A superior market return in this uncertain climate. We recently entered into and closed out our crude oil investment for a quite satisfactory three-week gain of $557,000 (on our standard $1,000,000 investment). Diligence and watching the markets on a daily basis is the difference between spotting profitable investment opportunities or missing out on the opportunity to profit. These trend changes and trading ranges do not last long. It takes patience and a quick trigger when the right investment opportunity presents itself. Lately crude oil went into a tight trading range (as the bulls fought the bears) and we were able to capitalize on this and make some handsome profits. In the past two years, Oil has gone from $75 per barrel to negative $37 and back up to around $40 per barrel, those are major trend changes where huge returns can be made and Pecunia clients were able to capture those massive returns in oil. ![]() To be able to capitalize on a trading range you must be able to recognize it early and get in and out quick because by the time the trading range is obvious to all it has a tendency to break down rather quickly. But there is never anything wrong with making a quick gain from a short-term trading range. When trading commodities like crude oil you make your major profits when you can get a jump on a major trend change.
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