Do you understand now why Oil prices keeps going up and doesn't come down even if there is a supply build up ?
Let's not forget, we're only in the 2nd week of June of Hurricane Season.. (Hurricane Season is from June to late November) NOAA said this year going to be one crazy hurricane year, more than usual.
Oil price is heading to triple digits... don't be surprise to see Oil suddenly rocket to $150.00 again
"don't be surprise to see Oil suddenly rocket to $150.00 again"
followed by another crash to $40, I assume?
If you look at the number of responses that dr_goldman_scrotemsacks has gotten to his posts on this BB, you can easily see how highly regarded his opinion is around here, namely not at all!