CEO of Legendary Trader Phibro Recommends Shorting $50 Crude
- Phibro CEO Greenshields sees oil’s floor at $25-$30 a barrel
- Greenshields says he has a “rosy” outlook for natural gas
Oil Prices Are Stabilizing and Will Increase, Says Greene
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It’s almost time to short this year’s crude rally, according to the new chief executive officer of Phibro LLC, the century-old commodities firm that was once the largest independent oil refiner in the U.S.