Oil prices should rebound this week - June 20

[dan_s]

"U.S. production is not growing as much or as fast as some expected as WTI soared above $100 and stayed there. The electrification of transport is not undermining demand because the electrification of transport is happening a lot more slowly than expected. And, perhaps more importantly, OPEC+ may say it will boost production by 1 million additional barrels daily but whether words will translate into actions is very far from certain."

Read more: https://www.zerohedge.com/markets/perfe ... kets-guard