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Oil Headed for Weekly Gains as Sanctions Outlook Raises Supply Worries -- Market Talk
Oil Prices Steady As Market Balances IEA Surplus Forecast With Rate Cut Optimism
Update: WTI Oil Edges Down as the IEA Sees the Market Over Supplied in 2025
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
WTI Edges Higher to Near $70.00 on China Stimulus, New EU Sanctions Against Russia
TinkerB3ll : @JustSurfacenot sure are you still in this my friend? NG getting slaughter i think WTI going down too maybe can buy into this :) i bought 90% into this as 81 is the resistance and have been unable to break it just my thoughts. Im out of NG triggered by the stop lost yesterday and lost 4k :( it will continue to make lower low.
JustSurface OP TinkerB3ll : I wish I was. down 5k, sunken cost fallacy I am bag holding NG till.... ?
TinkerB3ll JustSurface OP : Whats your avg now? I think we might really test 3.6 and if we do break it will be nasty to 2.5 range
JustSurface OP TinkerB3ll : 44 avg
