Crude #oil at $76 would put up a better fight than at $78

Oil falls more than 3% on softening demand: Is that an opportunity or not?

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Johnsh joined discussion · Nov 9, 2023 04:18

Crude #oil at $76 would put up a better fight than at $78 – accumulation is starting to emerge, and I don‘t look for #OPEC+ production quota (cuts not expiring) changes.
The current move reflects that the conflict hasn‘t spread to Iran yet.

$Occidental Petroleum (OXY.US)$ $Chevron (CVX.US)$ $Exxon Mobil (XOM.US)$

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Johnsh

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Crude #oil at $76 would put up a better fight than at $78 – ...