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S&P 500
5,482.87
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0.00%
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US TECH 100
19,320.00
(
0.29%
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Dow Jones
39,164.06
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0.00%
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Brent Oil
85.58
(
0.19%
)
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(
-0.56%
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Warreng971

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Warreng971

Re: None

Friday, 04/03/2020 9:40:07 PM

Friday, April 03, 2020 9:40:07 PM

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No idea on timing but there will have to be a recovery in the near future. Trump is not gonna let America’s oil producers go under because of this. Whether it’s sanctions(worst case scenario as far as foreign partnerships), cutting Russia/SA production, or even out gov buying up for reserves, something will be done to prop up the price. In the meantime, stockpiling OIL below $6 for the big payoff in the summer/fall!
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