$40 WTI SOON?
API and EIA data leads to incredible short term volatility but nothing else. 10Mbbl oversupply and prices go up.
If WTI breaks the trend line upwards which it has touched three times and continues in that channel, we could see $40 oil quite soon.
If WTI breaks the trend line upwards which it has touched three times and continues in that channel, we could see $40 oil quite soon.
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