Post by
kegman on Oct 10, 2024 11:34am
Yo Yo Day for WTI
Cap set at $75. I have to think there are shorts easing up a little as they await the Israeli response. Cabinet vote was today in Jerusalem. When does it occur. Israili's have been too vocal to under perform here. They have to send a message or they will revitalize the proxies. What a mess. Possible North Koreans in Ukraine? Kim Yung Fat Boy rattling his sabres. Meanwhile in Canada, The Liberals do not want to put a terrorist proxy group that burned a flag in Vancouver screaming death to Canada on the terrorism list. Wow, where the heck are we?
Comment by
kegman on Oct 10, 2024 11:55am
Cap broken through. Vote must be leaking out for Israel. Once launched it gets WTI to $80. Depending on ferocity....price either floats there or pulls back. Pretty sad that is what is driving out SP.
Comment by
liljohnnyjoke on Oct 10, 2024 1:40pm
now wti $76 taken out whatever happens in the middle east this weekend and oil prices spiking the clear winner will be CHINA any spare capacity Russia has will go directly to China at Biden's set price of $60/bbl while the west could be paying north of $100 in more worse case scenarios