Cramer: Hold Your Oil Stocks for Now, but Be Ready to Pull the Trigger

Can the Russians and the Saudis keep oil up beyond this morning's jump? We know two things: First, they are not nearly as important swing producers as they once were, even if Russia is the largest producer and the Saudis are the largest exporters. That's because Libya, which had been offline for a time, is now capable of putting out an additional 600,000 barrels a day, and a crucial Nigerian pipeline is ramping up to 200,000 a day.

Second, the United States is back to pumping what it was producing in 2015, which is something neither the Saudis nor the Russians could count on....497 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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