"Oil spokespersons" collectively turn pessimistic! IEA warns that there will be "overcapacity" of oil supply by 2025.
The International Energy Agency (IEA) said on Tuesday that a significant surplus will appear in the world oil market in the new year.
What to Expect From Exxon Mobil's Q3 2024 Earnings Report
Oil Plunges as Iran Supply Fears Ease, Global Demand Outlook Worsens
IEA Trims Oil-Demand Forecast for Third Consecutive Month -- Update
Express News | Occidental Petroleum Down 2.3%
Express News | SLB Down 2.2%, Baker Hughes Down 4%
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
Lil Bagholder : Learn to read graphs and data
Stock Therapy OP Lil Bagholder : that must be it. thank god for you.
Lil Bagholder : I called it out 3 hours ago. simple double top formation and indicators have been trending bearish for a few days. this is an all-time high. statistically, a downswing would be expected at this point. now, this is only a retracement. if this price action continues to open, we should see a reversal to around $119.50. i could only be so lucky.