Post by
geezer21 on Jan 30, 2023 5:06am
Oil Momentum Price Momentun Continues
Freezing weather closed refineries resulting in higher oil inventories. Regardless prices continued up looking forward to rising Chinese consumption already on a rise before cessation of lock downs and looking forward to restart up of refineries. Futures interest have risen.
https://www.zerohedge.com/commodities/mixed-oil-momentum-signals-persist-until-impact-war-fades