Phil Flynn
Posted: Mon Nov 15, 2021 7:52 pm
Crude was lower this am came back in the afternoon:
From Phil Flynn>
We believe the main reason that oil is selling off this morning is the worry that the Biden administration will make a futile and stupid gesture to lower gasoline prices. Hopefully, cooler heads will prevail. Our expectations are that whatever happens today, the market is probably getting overdone to the downside and we should see a snapback on Tuesday.
https://blog.pricegroup.com/2021/11/15/ ... 1-15-2021/
This guy must be put on your daily read list
https://blog.pricegroup.com/2021/11/12/ ... 1-12-2021/
From Phil Flynn>
We believe the main reason that oil is selling off this morning is the worry that the Biden administration will make a futile and stupid gesture to lower gasoline prices. Hopefully, cooler heads will prevail. Our expectations are that whatever happens today, the market is probably getting overdone to the downside and we should see a snapback on Tuesday.
https://blog.pricegroup.com/2021/11/15/ ... 1-15-2021/
This guy must be put on your daily read list
https://blog.pricegroup.com/2021/11/12/ ... 1-12-2021/