Oil being manipulated by geo political issues and demands
See if game theory plays out and Saudis cut production
also Russias grey Market tankers still adding to supply
I'm not a fan of Israel or Ukraine
Think, if lows hold we get a bounce with supply cuts
doesn't make since for Oil company's too not make profits
the settling currency is loosing its value M2 hasn't pulled out much in the big picture from the system
the prices of commodities are too rise again
Just will take time for panic and market realization
I can see $100 barrel oil
Just watching and trading price action
See if $68 holds
See if game theory plays out and Saudis cut production
also Russias grey Market tankers still adding to supply
I'm not a fan of Israel or Ukraine
Think, if lows hold we get a bounce with supply cuts
doesn't make since for Oil company's too not make profits
the settling currency is loosing its value M2 hasn't pulled out much in the big picture from the system
the prices of commodities are too rise again
Just will take time for panic and market realization
I can see $100 barrel oil
Just watching and trading price action
See if $68 holds
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.