Dan's Weekly Podcast
Posted: Fri Jan 19, 2018 9:11 pm
Here is the link to my weekly podcast: https://youtu.be/-fyqPjDttRE.
Crude oil prices pulled back a bit on Friday, but WTI remains above strong support at $62.50. Oil was due for a bit of a pullback and the government shutdown provided a good excuse. The oil glut is over and the global oil market continues to tighten, despite the fact that we are in a soft demand period.
We will publish the next edition of The View From Houston on Monday.
Crude oil prices pulled back a bit on Friday, but WTI remains above strong support at $62.50. Oil was due for a bit of a pullback and the government shutdown provided a good excuse. The oil glut is over and the global oil market continues to tighten, despite the fact that we are in a soft demand period.
We will publish the next edition of The View From Houston on Monday.