Post by
DukesMtl on May 12, 2023 7:19pm
I expect the bottom of the bag to fall out!
AtH soon back in the 1.58 range. You know why? 60.00 WTI oil price could be possible. Take a look at Bank of America stock 10 year graph. It's almost back at March 2022 beginning of the Covid panic.
Oil prices are telling us something about what is coming for the economy. Oil may go to 30.00-40.00 range after such a warm winter globally and rising interest rates.
Banks are closing.
But Eric Nuttal keeps taking in his commissions and beating his tam tam.
Comment by
MLEWICKIMBA on May 13, 2023 3:33am
No way 30 to 40. Already 17 RIGS in the USA off line last week. The whole industry would shut down. Within 3 months oil would be 100 because 10MLN Barrels of production gone. Good luck.
Comment by
BigJake on May 15, 2023 11:59am
As is everyone on this board you are entitled to your opinions, but I personally think you are cuckoo for cocopuffs