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Crude Oil WTI Futures - Jun 24 (CLM4)

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Currency in USD
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82.75
-0.06(-0.07%)
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Crude Oil WTI Futures Discussions

Production cut makes this to go up despite covid surge
Imo impact if cuts will be aeen in 2021. Right now pumping oil volumes geta them $$$$. Resistance to cuts will mount
Production cut can make rise to $43, now producers have higher prices to ramp up. Oil rose from $33 to $43, $10 gain, it’s time for a correction.
The path from $33 to $43 was not linear,  there have been 2 x -$2 corrections,, do they not count?
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