Oil Prices Are Surging Ahead After Historical Lows!

Capt. John
  • Oil prices are surging, up about 70% in New York since the start of May.
  • OPEC+ production cuts have lifted the market out of the abyss of negative prices.
  • Panicked sellers drove the price of the U.S. crude benchmark below zero for the first time in history.
  • WTI fell to minus $40.32 a barrel, stunning everyone from veteran brokers to retail investors.
  • 17 million barrels of a day of crude will have been taken off the market by next month.
  • Green shoots of recovery are emerging as countries are...

https://mfame.guru/oil-prices-are-surging-ahead-after-historical-lows/

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