Good priceI hope, Monday will be down around 1-2% or not same as Friday, for all indices in my opinion even thought I'm 2000x7.19 @ margin. I'm down $300, but I know the market will improve. I find it illogical that people talk about supply and demand, the people of UK aren't going to stop buying gas&oil and so is the EU. The dollar only gotten stronger dragging oil price down. people need to stop giving into fear. Even if oil were to go down to $40-45 WTI, Bte is able to make more money then lose money because of their breakeven at $33.00 per barrel their current volume, While the capped of 7,500 is around $38-40 per barrel.
https://m.nasdaq.com/markets/crude-oil.aspx
if we look at the price of crude, from mid April , the company has been making 10-12$ per barrel, while oil have average around $45-47 per barrel on may, and around the same in June but much higher.