"...just like that and the Oil Fear Trade has fizzled out with Crude sinking another 6% to $96 as I write and those who bought oil stocks after it shot past $100 now left holding the bag...even war with Ukraine as it is without cross border escalation is unlikely to bring it back after $100...with traders unfortunately depending on adverse news such as Zelensky's warning that Russia will not stop and would come after you (the rest of Europe).
...my parting words: Playing with Oil is playing with Fire. It usually never ends well. At least from my prior experience."
Oh boy, back to $114 per barrel in less than a week lol
- Forums
- ASX - General
- Its Over
Its Over, page-12217
-
-
- There are more pages in this discussion • 11,168 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online