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re: Oil down to 17 dollars bbl

Posted on 4/20/20 at 11:40 am to
Posted by GeauxFightingTigers1
Member since Oct 2016
12574 posts
Posted on 4/20/20 at 11:40 am to
Yup.

$7 handle right now. Blood bath. Unless tariffs for a short spike, good chance for a 5 handle than zero.
Posted by Big Scrub TX
Member since Dec 2013
33676 posts
Posted on 4/20/20 at 11:42 am to
quote:

$7 handle right now. Blood bath. Unless tariffs for a short spike, good chance for a 5 handle than zero.
Just to be clear, June is trading above $20. If oil is anything like gas, I'm guessing you try to get out on the 2nd to last day because the regulators look for any financial manipulation of the physical price on the final day.
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