RE:RE:RE:RE:Oil up on the weekEveryone is jbracing for rate hikes in the states. Binden is threatening to use new tools to drop oil prices again Potential sanctions being lifted in Iran. US shale is going to go into over drive. So many things floating about to make a bearish senario. Right now near as I recon it might be as simple as rebalancing a portfolio to cover losses in the american market. In my opinion induvidual investors are not the ones driving this price down this is big money scrambling.
Now we wait for financials to break over 8 again. Crappy.