Oil prices have tumbled below the $80 mark for the first time since January. Bearish catalysts have been weighing on oil markets, but bullish news is beginning to trickle in. Some analysts are predicting that oil prices could climb back up to $100 in the coming months. It’s been a rough couple of weeks in the energy market. As potential energy company investors, we are not sorry to see the back of last week in particular. That’s the understatement of the year. Pretty near every negative sentiment-Recession, Fed tightening, Dollar strength, China demand, Inventory builds, or what amounts to the entire oil price Closet of Anxieties, came to pass this week. Oil-WTI took a tumble below $80 for the first time since Jan 11th of this year, closing Friday below its 200-day moving average of $89.00.This move has WTI nearing an important psychological level in the lower $ 70s, […]