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zsvq1p

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zsvq1p

Re: None

Thursday, 03/26/2020 9:24:09 AM

Thursday, March 26, 2020 9:24:09 AM

Post# of 5880
A few things to keep in mind.

Demand for Oil is going to be low...

You can see by the storage facilities are filling up. This will mean continued pressure on supply... stop supplying...

Trump is buying the oil and placing in the large salt domes.. This is really not market driven but.. government driven.

A US rep is meeting with OPEC.. they want oil producers to stop pumping. They want Russia and OPEC to cut.. this will help lower supply.. lower supply equals pressure to raise price.
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