Oil inventory stats on the bear side

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 24, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The euphoria of earlier in the week has dissipated and so it should, excitement about a meeting that can only freeze production with no ability to check adhesion is an over exuberation big time. Libya has announced that it will not be attending, no surprise there, given what they are producing at the moment a freeze would be madness. To repeat my point, although the Saudis have intimated that they will freeze along with the rest, it must give them sleepless nights seeing the WTI price over $40

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