When do you think oil will rebound?

As soon as signs of reopening even partial become clear. The oil will rebound strongly.

 

I think that can happen.

 

It's definitely not going to move up immediately, the top dogs know many people would be anticipating that. If everyone can easily predict that then we'll all be rich. So it is going to happen gradually, and it will fluctuate up and down.

 

Based on the fact that the situation is not getting better, probably not everything will go well soon.

 

IT HAS ALREADY REBOUNDED.

 

10 handles worth. Not sure it'll go any higher than that. Already looking like a failed retest of yesterday's high of 16.

 

I think the trading or market system in general is flawed.... The world has to do something to fix it. Perhaps, AI can fix it in the future.

 

Maybe when aircraft engines start burning heavily again?

 

AI can’t fix a brutal reality: demand dropping at three times the pace of storage - concurrently Saudi Arabia flooding the world with cheap oil.