Oil prices have fallen like a rock for 12 straight days. This is a new record, and never seen before price action. The headlines are having a serious impact on prices, from president Trump tweeting “oil prices should be much lower based on supply” and OPEC increasing production by 1.5MM Bbl/day to replace lost oil from the expected Iranian sanctions.
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Issue 46 – Oil vs Natural Gas
Oil prices have fallen like a rock for 12 straight days. This is a new record, and never seen before price action. The headlines are having a serious impact on prices, from president Trump tweeting “oil prices should be much lower based on supply” and OPEC increasing production by 1.5MM Bbl/day to replace lost oil from the expected Iranian sanctions.
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