Post by
PROtrading on May 12, 2017 12:23am
And the $15s are almost gone
Grad them while the sub $50 WTI sale is still on! LOL
Goldman's Curry gone long. Demand outstrips production in late 2017 and OPEC/NOPEC appears to be willing to "manage" the commodity. And they can.
The US only produces half what it consumes! Shale is not a competitor, the "huge" increase is still way too small and will be for years.
Offshore/Expensive oil is dead.