BTE off its low of the day / Oil trades higher FridayThe question is how will Oil trade Friday? Oil usually trades higher on Fridays and I have posted this many times but the reason is unknown, I think that its to set a price for Oil when it starts trading Sunday night because if Monday for whatever reason there is pushing Oil higher than having it start from a high work out great and if Oil has reasons to trade lower Monday then US traders can sell the cheaper Oil bought today into the higher Oil orders. That's the reason I think it happens but this is not a guarantee. JMHO
![](https://www.stockwatch.com/Chart/Hist?symbol=BTE®ion=C)