The World is Awash in Oil

Commodities / Crude Oil Aug 15, 2015 - 01:11 PM GMT

By: EWI

...But does that mean that oil prices will only go down from here?

In this new interview with Elliott Wave International's Chief Energy Analyst, Steve Craig, you'll learn where he sees prices going next.

*Editor's note: this interview was recorded on August 12; the price low cited in the video was broken on August 13.

Free Report: "Peak Oil" -- And Other Ways Crude Oil Fooled Almost Everyone

These excerpts from Robert Prechter's Elliott Wave Theorist highlight the flaws in the conventional approach to forecasting oil prices -- and show you why oil fooled almost everyone.

Take 10 seconds to get a free Club EWI password now -- and get instant access to this free report >>

This article was syndicated by Elliott Wave International and was originally published under the headline (Interview) "The World is Awash in Oil". EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

About the Publisher, Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.

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