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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: humble1 who wrote (39463)9/14/2023 10:55:39 AM
From: rdkflorida2  Respond to of 41117
 
My target for U.S. crude $95-$105. Even with higher interest rates economy is still growing. U.S. crude production near ATHs. One Bloomberg guest has said we have hit new ATHs in production. Problem is OPEC cuts and Russian oil off the markets. Simple supply/demand equation. Demand UP supply restricted equals higher crude price. Just my take.