Dr.Masih Rezvani + 27 March 22, 2023 WTIWTI Supply and Demand is in the very critical zonelets see the next movementi think will move down What do you think??? Quote Share this post Link to post Share on other sites
notsonice + 1,254 DM March 27, 2023 WTI and Brent floor price has been set by Biden and his promise to refill SPR at $70....... If Biden announces a new buy price at a lower number all bets are off on the floor of $70 WTI.... Sleepy Joe is in control of the floor Quote Share this post Link to post Share on other sites
Ulysses + 21 Jv March 27, 2023 (edited) WTI long position volumes are a six year low and WTI holds at ~$70. That would seem to set a price floor, with much upside ahead as long volumes normalize. Edited March 27, 2023 by Ulysses Quote Share this post Link to post Share on other sites