Oil is going higher due to increasing Chinese and U.S. demand with tightening supply, said TheStreet’s (TST) Jim Cramer. He said there is also too much pessimism surrounding the oil patch right now and many of the companies expected to fail will in fact survive.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
