Thats the problem these days the oil market is being run by investment houses just wanting to make a quick buck. So fear and greed yoyos the share price more than FA. Like yesterday here right.
Just need sediment to turn (preceived bottom) and all those in short positions will unroll out of those positions quick smart and have to chase the market to do so. IMO we have reached that point and should see a small appreciation in the POO in coming weeks. We shall see...
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Thats the problem these days the oil market is being run by...
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