US Oil rigs just increased by 9. It only took WTI at $49 to achieve it.
Looks like $50 is ceiling for Brent now. Santos will probably drift around $4.
Need more outages, Canadian wildfires, black swan events etc.
Or we need another trip down to Brent $25 to wash out the rest of the shalers so the trip up can begin in earnest.
US Oil rigs just increased by 9. It only took WTI at $49 to...
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