SPR and MidtermsKeep in mind Biden is exerting as much pressure on the oil price anyway he can, his political life and those of his party are in big trouble they will pull every lever they can while they still have some power, the US has all the clout to exert extreme pressure on anything that is on their agenda.............oh and then the SPR release which is most definitley manipulating the reality of the market.... put it all together and nothing but a little time is going to change this sheet. At least we have a nice divi to get us through this crazy market. Those SPR supplies should never be put into play but they do have to be replaced!
These politicians will stop at nothing to fulfill there agenda, look at Trudope and his emergencies measures act. There is no place to hide right now every corner of the market is in peril enjoy the divi's and wait for the turn! There doesn't appear anything escaped another down day..time for a cold one.
JMHO