This drop can be 100% related to the futures dropping at the same time. Investors love to hate oil one bearish article about US production being High sent the entire sector down.
It’ll rebound don’t short lol. The article fails to mention US is up 9 rigs but still down 2 rigs by average.
This was an excellent article to cover shorts. Watch next week you’ll see 500 articles saying More Saudi’s Arabia in crisis oil going to $70 Buy buy buy
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