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JohnCM

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JohnCM

Re: Scotttrader80 post# 744

Sunday, 03/29/2020 11:36:29 AM

Sunday, March 29, 2020 11:36:29 AM

Post# of 948
I do not believe crude will get to $10

My call is $17, but that is just an wild guess.

Something will have to give pretty soon.

everything is hinged on the Saudis flooding the market. If they cut production spot prices will increase if they dont, we will see $5.00-$10.00 a barrel. Especially now since the "virus" has most workers at home off the roads lessening demand.

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