RE:CJ about to get crushedOh oh, wti just turned positive. Your perfect track record of being dead as a doormat wrong every time is still intact. What a loser. Answer the phone it's a margin call ob your shorts!
VVasp1 wrote: WTI Futures fell to a session low in New York after rising as much as 1.4% earlier. An Energy Information Administration report showed crude stockpiles rose by more than 15 million barrels last week, reminiscent of the type of storage builds seen during the depths of the pandemic. The report also showed increases in refined product inventories, as the moving average for gasoline demand went below 8 million barrels a day.
“It’s a bloodbath, there’s not really much of anything to be positive about,” said Matt Sallee, portfolio manager at Tortoise, a firm that manages roughly $8 billion in energy-related assets. Bagholders following like sheep cause some guy invested for a tax loss.