Post by
Tradinghands on Jun 13, 2024 8:23pm
Back to $78 Oil
Even $78 Oil BTE is making money! plus the new Canadian Oil pipeline people are not happy with the garbage Oil from the Oil Sands heavy in sulfur from companies like ATH and others needing to sell at a heavy discount, Eric never mentions that? Oil is the life blood of the world so this retreat in Oil will be short lived as we get into summer. When Oil is up $2 to $80+ everyone will celebrate with higher Oil but realize that we're only $2 away from it. We are used to the FED remarks by now and how they affect the market but next week we'll all forget and climb higher, thats the great thing with humans, we forget and move on to positive outlooks. Cheers!
Comment by
Frank007 on Jun 13, 2024 8:41pm
Oil is down another buck now in Asian markets ....may down $2 by morning ...lol ..the crooked media have control ...