LAOIL + 33 OS February 2, 2018 Doom and gloom story on CNBC: https://www.cnbc.com/2018/02/02/crude-oil-has-nowhere-to-go-from-here-but-down-says-market-watcher.html Production up to highest level since 1970, and Trading Nation's Phil Streible is opining: "You've got the net speculative long positions at its highest level since 2006; I think it's got nowhere to go from here but down." Quote Share this post Link to post Share on other sites
Addy + 14 AW February 2, 2018 Mebby. Sachs and JPMorgan disagree. Quote Share this post Link to post Share on other sites
Rodent + 1,424 February 2, 2018 doom and gloom headlines are always good for viewership. 1 Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 February 5, 2018 All the big banks now disagree. For now. The hype about demand will subside once demand subsides thanks to, erm, higher prices. Quote Share this post Link to post Share on other sites
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