Post by
cahclick on Sep 03, 2024 9:22am
FRIG
WTI getting trashed again.
Currently at $71
go ATH go
Comment by
matt2018 on Sep 03, 2024 9:55am
this trend reverses when OPEC+ comes out with statement that the current cuts stay as is till end of year. They tried to flex muscle but are getting it handed back to them. They dont meet till Oct 2nd. Just like energy producing companies with heavy debt load to service, these NOC's cant survive on low Oil price just the same.