In short, for oil prices to recover, US Production needs to drop to at the very least 6 million barrels per day for the market to rationalize in price.
Submitted by EconMatters on 01/10/2016 - 09:37ChinaIndiaMarket ShareNoneOPECRealityTwitterTwitter
In short, for oil prices to recover, US Production needs to drop to at the very least 6 million barrels per day for the market to rationalize in price.
Submitted by Phoenix Capital... on 01/08/2016 - 09:15Market Crash
We might get a bounce here to retest that green line, but unless a major Central Bank launches a new monetary program stocks are heading DOWN.
Submitted by EconMatters on 01/07/2016 - 20:08Natural GasTwitterTwitter
We accurately called the bottom in natural gas prices, we will see how close we are in the oil markets.