OPEC+ production cuts are in the news today. Also in the news is the message that the cuts haven't convinced people that there will be enough demand.
USO
Oil has a strong support at $58.
Is the reaction in
CL1!
Crude Oil overdone?
This isn't a forecast, it's a thread to generate ideas of potential direction and supply/demand.
Please let me know where you think oil is headed as we wrap up 2023!
Cheers
USO
Oil has a strong support at $58. Is the reaction in
CL1!
Crude Oil overdone? This isn't a forecast, it's a thread to generate ideas of potential direction and supply/demand.
Please let me know where you think oil is headed as we wrap up 2023!
Cheers
