laissezfaire

WTI - Third Time's the Charm

TVC:USOIL   WTI CRUDE OIL
57 0 1
Yet to see a convincing upside breakout for WTI. Global growth is slowing and consumption is falling. What can save oil: massive supply disruption via conflict/war, USD debasement, coordinated production cuts (highly improbable, and if so only in name and not in practice). Bias is a double-bottom in oil             but these political and monetary lunatics could go go off-script.
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