Jim Cramer: Oil Is the Most Important Thing In This Market

Oil is going to $50 because the supply is not up nearly enough to meet the demand, says Jim Cramer.
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Oil is going to $50 because the supply is not up nearly enough to meet the demand, said TheStreet's Jim Cramer. He said oil is the most important thing in the market and will continue to drive equities.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.