WTI trading at $39.07 on Labor Day, 2020.
Looks like oil failed the $39 test. Where's the bottom this week?
We've seen it this morning.
Only thing to say is lower low will lead to higher high. Oh well, it may be a long winter.
Saudi Arabia (and all of OPEC+ for that matter) is in a world of hurt.
Looks like oil failed the $39 test. Where's the bottom this week?
ReplyDeleteWe've seen it this morning.
DeleteOnly thing to say is lower low will lead to higher high. Oh well, it may be a long winter.
ReplyDeleteSaudi Arabia (and all of OPEC+ for that matter) is in a world of hurt.
Delete