The $600 Million Signal That Oil Prices Are About to Rise

Oil "sages" everywhere are now calling for $40 to $50 a barrel of oil by mid-year, calling on vague rumors of a Saudi-Russia production deal, costly shale oil producers collapsing, or the energy debt crisis as proof. But they're overlooking one crucial thing - the main signal that oil prices are turning around. You see, the largest move of its kind ever just took place in oil markets... $600 million worth in one day. Pundits may have missed it, but that doesn't mean you have to. It's a clear sign that oil prices are turning around - and that it's time for you to get back in the game... Tags: Crude Oil , Crude Oil Prices , Crude Prices , energy sector , oil market , Oil Prices , oil sector 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 The $600 Million Signal That Oil Prices Are About to Rise appeared first on Money Morning - We Make Investing Profitable .