Comment by
BayStreetWolfTO on Apr 25, 2022 10:38am
Red, I would gladly supress the front end of the curve which is already high $90+.... China helps the back end big time.... I will take it for 2H 2022 and 2023.... June WTI 25 days left and Q2 is a wrap....
Comment by
red2000 on May 15, 2022 4:40pm
Do you remember those words of Josh Young april 25th !!! So China reopen tomorrow !! GL LONGS ! The positive of this is, when China reopens, it should send oil prices higher. "The China story is the main driver of this (oil) pullback. That is the main bear story in the market right now...if we had news that the lockdowns in China were easing, prices would move higher."
Comment by
red2000 on May 15, 2022 6:41pm
Seems he is right ! WTI so far tonight UP 0,77 to 111,26$ and Nat gas UP 0,20 at 7,86$ !