Looks like the traders are siding with the EIA and betting against the House of Saud predicting an Oil Glut and low. low prices for gas every day at your neighborhood convenience store. Perhaps they'll escalate the wars to boost prices.
https://oilprice.com/Latest-Energy-News/World-News/Oil-Net-Short-For-First-Time-in-History.html
Oil Net Short For First Time in History
RE
Oil Net Short For First Time in History
Started by RE Sep 14, 2024, 04:49 PM
Message path : / Planetary Material Conditions / Peak oil / Exxon Joins OPEC in Warning of Looming Oil Supply Crisis #4
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