Joe Terranova Is Bullish On Oil

CNBC Fast Money's Joe Terranova commented on the analysis made by Morgan Stanley (NYSE: MS) analyst on the crude oil. Morgan Stanley's (MS) analyst Hussein Allidina thinks that crude is going to trade at $95 in 2010, because of the declining inventory and the global economic recovery. Joe Terranova agrees with that claim and says that he sees oil at $90 in the spring. If you are also bullish on the oil you can look at ProShares Ultra Oil & Gas (ETF) (NYSE: DIG), Deutsche Bank AG (London) DB CrudeOil Long ETN (NYSE: OLO), PowerShares DB Oil Fund (ETF) (NYSE: DBO) or Barclays Capital Inc iPath ETN DJ-AIG Energy (NYSE: JJE).