The supply and demand characteristics of oil are great due to the need for oil in China, India, rest of Asia.
Oil is the top priority for China, as they are now a net importer.
Related ETF`s: United States Oil Fund LP (ETF) (Public, NYSE:USO), iPath S&P GSCI Crude Oil Total Return (Public, NYSE:OIL), Exxon Mobil Corporation (Public, NYSE:XOM)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
