Oil looking ready to fall to 45
Updated
Supply keeps growing, production keeps growing. Everyone is trying to sell now while they can get these prices.
Many US producers who have contributed to the huge run up in supply production are profitable at ~30USD/barrel. They're very happy to keep pumping.
Opening the next round of shorts today. GL all~
Many US producers who have contributed to the huge run up in supply production are profitable at ~30USD/barrel. They're very happy to keep pumping.
Opening the next round of shorts today. GL all~
Note
Adding more shorts Note
Another Friday, Another addition of SCO's :) Note
Patience wins again :) Trade closed: stop reached
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