RE:$88 OilRecession and Covid raging again in China and the most knowledgeable banker on the planet , no worries we all bought at 25 cents never a need to do risk management too the Moon
smallcaptdr wrote: We had to expect this pullback, I thought that I read that Oil would never be under $90 again well that was wrong. Recession always trumps. Just remember that the ONLY reason that OPEC cut production was to add stability and eliminate swings in Oil prices, which works pretty well from $93 to $88. Oils has been trading like this all year.