Post by
rexrex on Jan 28, 2021 9:14am
Oil Sentiment is improving
each day brings us an inch closer to WTI $60 ....vaccines are top priority for Biden Administration. With more and more population being vaccinated, there will be more draw on oil as people will be more out and about. Planes will fly again and ships / cruises will sail again....it is just a matter of time....the hard part is over now....we are in much better situation now then when the Pandemic hit in March 2020....to see oil recovering is showing cautious investor optimism...slowly green shoots will gain momentum and the days of below $0.30 ATH will be soon gone..i expect ATH to cross $0.30 in January and $0.50 in February....imo
Comment by
Backinblack1000 on Jan 28, 2021 9:24am
This post has been removed in accordance with Community Policy
Comment by
rexrex on Jan 28, 2021 9:29am
WTI now comfortable trading over $53....up she goes...
Comment by
rexrex on Jan 28, 2021 9:30am
https://www.marketwatch.com/investing/future/crude%20oil%20-%20electronic