Even with the proposed (not agreed upon as yet) supply cuts
there remains an imbalance in the crude market - as Matt stated
take the trade (trail up stops at the very least)
It is going to be Trump's new talking point, he ran the China
deal tweets, etc,.. and got a lot of mileage out of that one when
he needed to pump the markets.
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Even with the proposed (not
Crude lifting on supply cuts talks
Posted by steve on 2nd of Apr 2020 at 10:52 am
Even with the proposed (not agreed upon as yet) supply cuts there remains an imbalance in the crude market - as Matt stated take the trade (trail up stops at the very least)
Crude all the way back
Posted by steve on 14th of Apr 2020 at 02:29 pm
Crude all the way back down to test prior lows
Crude nice fade off the
Posted by steve on 2nd of Apr 2020 at 02:13 pm
Crude nice fade off the highs - no specific cuts have been agreed upon as yet (just banter for now)
It is going to be
Posted by ssaffer on 2nd of Apr 2020 at 02:14 pm
It is going to be Trump's new talking point, he ran the China deal tweets, etc,.. and got a lot of mileage out of that one when he needed to pump the markets.