Our longer term forecast on crude oil (/CL) is that we'll be up at 103 per barrel by the third quarter this year, and by the latest 2023, says David Williams of PageTrader. At the worst case, in 2023, we'll be in the 103 to 105 per barrel crude oil. Until the situation with Ukraine gets resolved, you better consider that crude oil is going to be in a very strong position, he explains. David gives his thoughts on the chart of the S&P 500 futures (/ES).
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