Cardinal Energy Ltd (Alberta) T.CJ

BE READY FOR A FALLING KNIFE TOMORROW !!!

[loopsbutterfly]

WTI is down sharply on Monday

I can buy or sell more shares depending on market condition

[UltraTired]

What are you talking about? WTI isn't down sharply

[Coopsvw92]

Have another look.... $71.51 at least the discount has narrowed!!

[Pandora]

https://markets.businessinsider.com/commodities/oil-price?type=wti

[Pandora]

Oil fell for a third session after a report that Israel may avoid targeting Iran’s crude infrastructure eased concerns over a major supply disruption. Brent futures dropped almost 3% to near $75 after losing 2% on Monday, while West Texas Intermediate slid to below $72 a barrel. Israeli Prime Minister Benjamin Netanyahu told the Biden administration he is willing to strike military rather than

[UltraTired]

The drop has nothing to do with Israel, it was weak data from China.

[VeritasVern]

Yes Chinese inflaton came in at 0.4% instead of 0.6% the lowest in three months so not an unusual level. Annualized 0.4% is 4.8% inflation but instead they extend the Chine narrative to drive oil prices down an increadible -5% on that news alone while discounting a 100% chance Israel strikes Iran but will so in a very punishing way this time around. Escalation in the Middle East should be the

[tylerreddick]

It has EVERYTHING to do with Isreal. Everyone was hoping that they would attack Iran's oil facilities and start WW3. Some people don't seem to care about the world, just their own selfishness.

[Quintessential1]

Yes oil was down 5% on the China data alone. The Israel news meant nothing because.....we don't want it to.  ;-) GLTA

[loopsbutterfly]

lol...more than sharply in fact it is in free fall !!! gracias   grinnnnn....

[UltraTired]

Your definition of "free fall" seems to be different then that of the English language. Sounds like false drama.

[loopsbutterfly]

lol the short term stock chart is very ugly  wti is down close to $7,00 in the last 2 days......