Comment by
robert41 on Apr 07, 2024 2:39pm
wouldnt saudis just turn the taps on? unless its sustainable i doubt they want it at $100... personally i think $85 ish long term is good, oil companies will crush it so will investors. big jumps in oil prices are uaually not sustainable supply comes from somewhere and we get the inevitable crash.
Comment by
Zipolitemexico on Apr 07, 2024 7:03pm
U.S. crude and Brent entered a “golden cross” last week, which is when the 50-day moving average outpaces the 200-day moving average indicating a strong bull...