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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: towerdog who wrote (82947)11/30/2023 2:36:55 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Respond to of 98058
 
US and Iran are producing more than expected, plus Panama canal congestion may be dampening exports. If you are producing more but can't ship it, the price drops (and the shipping rates rise). Which is what I see when I check the market.



To: towerdog who wrote (82947)11/30/2023 8:40:13 PM
From: ajtj992 Recommendations

Recommended By
Arran Yuan
towerdog

  Respond to of 98058
 
US is producing record amounts of crude, China is selling boatloads of EV's and their economy is stagnant, and Europe is also not growing much.

Finally, sanctions and quotas mean nothing when they rely on the honor system.


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