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Started By
Message
re: Future oil price?
Posted on 5/9/23 at 6:53 am to MorningWood
Posted on 5/9/23 at 6:53 am to MorningWood
quote:
I expect oil to dip pretty good coming up soon if the economy goes into recession which is expected.
Agree. How much will it dip? Who knows. With declining inventories, the only reason oil is not much higher now is likely due to the threat of recession.
1
Posted on 5/9/23 at 7:36 am to Tigerfan1274
WTI trading at 72 this morning
WCS trading at around 60
DBO at 76
All have had a downward trend for a while.
If it settles at 60 it should be good for the consumer
WCS trading at around 60
DBO at 76
All have had a downward trend for a while.
If it settles at 60 it should be good for the consumer
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