Dramatic drop in WTI prices, Currently 12% down at the time of posting this to US$68.
I made a very rough table to show the amount of supply possibly coming online from reserves as part of the
US/UK/India/China/South Korea release. I believe this will only effect the WTI price negatively short term and has the possibility to cause the price to raise January onwards if the Oil Cartels react and cut supply. I think COVID in Europe could be adding to them markets reaction.
Dramatic drop in WTI prices, Currently 12% down at the time of...
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