The David Lin Report · Friday, September 18, 2026
Todd Horwitz, founder of Buba Trading.com, maintains his short position on oil, believing current prices are driven by fear rather than fundamentals. He forecasts a significant drop to the low 60s, citing a lack of demand and a glut of oil.
“I think oil is going much lower and I wouldn't be surprised that we end up down in the uh in the low 60s before this is all said and done.”
“Yeah, I'm still short oil. I'm short more oil.”
“I think oil is going much lower and I wouldn't be surprised, depending on how this war plays out, that we end up, uh, down in the, uh, in the low 60s before this is all said and done.”