Oil is obvious
Guys, think about it, the oil can not stay at $23 per barrel and it will have to go up. The Saudis and Russians will make a deal in order to fulfill their interests. I made
this chart just to show you when oil dropped 75 or more % and how it recovered to give you an idea about the cheap oil right now. I am not saying that oil will not go any lower, but I am stating that Oil has recovered and will recover again.
this chart just to show you when oil dropped 75 or more % and how it recovered to give you an idea about the cheap oil right now. I am not saying that oil will not go any lower, but I am stating that Oil has recovered and will recover again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.