oil Director

[Chris Tian 0]

Main question, what is the bottom price of this all
1 barrel ent to -40 looks it stabalizes arround -3 +1?

SO what could be a good moment to step in, i do0n't think any government will let this last for long.
Good luck people, its a dissaster and an opporunity.
C

[Douglas Buckland + 6,308]

Last I checked WTI was $37.34.

[Chris Tian 0]

https://oilprice.com/oil-price-charts/45

MINUS 4 $

[Chris Tian 0]

https://oilprice.com/oil-price-charts/45

MINUS 4 $

 

I have to say, i am living in Europe and a rooky in oiltrades, 
However, i follow mostly silver also gold for more then 10years, Especialy on the silvermarket you can see complete irrational movements in price, in other words, looks like there is often a rigged pricemove. 

The oilmarket is much bigger, but how much influence has the papertrade on real price ad value of a barrel wti crude oil?

This is the info overhere:

Price WTI Crude Oil - CME Rollover 1 VWD: CW, Portfolio Track Last Price (USD) Difference Today 52W open? 1.09 Current 9.06

Summarized | Historical Prices PRICE DETAILS Delayed Apr 21 2020 3:10 Rate 1.09 Difference -17.18 (-94.03%) High 2.26 Low -0.49 Delayed Apr 21 2020 03:10 Bid 1.08 Late 1.12 Open -14.00 Close 18.27 52 weeks high 0.00 52 weeks low 0.00 BUY
 

What can ibe made from of this info is it correct?

And vids like this

 

Edited April 21, 2020 by Chris Tian

[Chris Tian 0]

9 hours ago, Douglas Buckland said:

Last I checked WTI was $37.34.

Thank you for responding.