Post by
ACESover on Nov 23, 2021 12:59pm
Wonerful world of the stock market
Surge having a strong move today along with others. So Biden releases 50 million barrels from strategic reserve and oil currently $78.67 + $1.92. Go figure as game plan was to get oil prices down. Analyst on BNN explains that the Biden move was already built in. Talking heads with negative media stories walked oil down and now banksters taking it back up after getting a good discount from the recent highs. Really has nothing to do with fundamentals of any given O & G play. No sense whining. It is out of your control.
ACE$
Comment by
brewster123 on Nov 23, 2021 1:29pm
Biden's move shows desperation and the markets smell blood in the water....oil prices are going up to $100+