It's due to bounce now or move slowly up the ladder. If it settles in mid 70's which I'd like to see... DIG will trade much higher than $30.
If OPEC comes out with millions less bbl per day, then oil could spike to low 80's if not 90's on a blip. They must have cut output already for they have no place to store it. Run out of storage space and what do most people do???? Crank down the spigot!
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