Post by
Roscoe747 on Jun 09, 2023 10:59pm
SPR buybacks
US announces a 3mm bbl oil purchase and another bid for 3mm bbl for Sept delivery
Comment by
Swackaboozy on Jun 10, 2023 1:07am
Believe it when i see it.
Comment by
navajojoe on Jun 10, 2023 7:29am
Those in losing positions tend to grasp at straws.
Comment by
CountryBoy69 on Jun 10, 2023 4:47pm
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Comment by
JTDOUBLE on Jun 10, 2023 12:15pm
Its just getting started could be the visit to Saudi, US trying ti restore some faith ..
Comment by
Roscoe747 on Jun 10, 2023 12:51pm
Looks like a million bbl/month......too little, too late to support prices. As intended. Its all up to the demand side, especially industrial demand. Consumer and transport seem to be taking off but continuous storage draws are needed to sway traders out of the bear den.