WTI

[Dr.Masih Rezvani + 27]

WTI
WTI Supply and Demand is in the very critical zone
lets see the next movement
i think will move down

What do you think???

[notsonice + 1,067]

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

[Ulysses + 21]

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