OPEC’s №2 producer goes rogue, plans 600,000 bpd oil output increase https://www.rt.com/business/383663-opec-output-increase-oilprice/
As forecast. https://secure.marketwatch.com/stor...tions-for-improving-refiner-demand-2017-04-06 the model is calling for $55 currently
%% The civil war in USa had a real up spike also; but i dont think TX TEA really got gushing until the 1920's + 1930s.Many people, in USa, like gas guzzlers; i like a 4 cylinder HMC , myself
Bearish engulfing on the monthly. According to TA the price will go back to 50 at some point this month
Raoul Pal@RaoulGMI 2h2 hours ago Oil people -Thoughts on how much potential seasonal inventory draws are discounted in the price? Any surprises realistically possible? #OOTT
Tired of winning yet? UPDATE: Oil erases loss to extend win streak to 6 sessions MarketWatch 3:37 pm ET
On January 24, 2017, President Trump, signed presidential memoranda to revive both Keystone XL and Dakota Access pipelines. plus fracking.