Post by
Pottsy on Nov 07, 2023 9:52am
What caused the crash
I had to buy in at $7.22 and again at $7.00. Even BTE is way down so it's not CJ results. What caused this? P
Comment by
twinjett on Nov 07, 2023 9:56am
The fear is oil is heading down back to the sixty's.Opec needs to do a larger production cut.
Comment by
lnggasfor202324 on Nov 07, 2023 10:05am
No kidding sherlock. Take a look at sgy,tve,ath, obe etc.
Comment by
Quintessential1 on Nov 07, 2023 10:16am
WTI below $80. It seems they are afraid of global demand destruction. We'll have to wait for API and EIA reports to confirm or alleviate these fears. https://tradingeconomics.com/commodity/crude-oil GLTY and all
Comment by
jx7000 on Nov 07, 2023 11:58am
"What caused this?" Short sellers try to manipulate prices all the time; is there some backroom dealing going on with a buyout in mind? JMHO.