TVC:UKOIL   Crude Oil (Brent)
112 0 7
watch me blow
Comment: EXPECTING RETRACEMENT DUE TO OPEC MEETING HOWEVER THIS WILL BE OVER-SATURATED WITH CONFIDENCE TRAPPING BULLS, OIL CARTEL MEMBERS WANT OIL TO BE AT A COMFORTABLE DEMAND IN THEIR FAVOUR, SAUDI ARE NOT LOSING OUT BECAUSE THEY WILL EVENTUALLY SEE THE HIGHS, OUTPUT WILL ONLY DECREASE ONCE DEMAND IS MET, RUSSIA HAVE ALSO BIDDED FOR 40$ A BARREL WHICH HASNT HIT YET, USOIL SHALE PRODUCERS ARE STILL WINNING BECAUSE OF FRACKING SO IT DOES NOT MATTER IF OIL DECREASES BECAUSE THEIR NATIONAL ECONOMY IS BACKED UP BY PROVISIONS, NOT ADVICE!
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