03-20-2022, 09:29 PM
I think the correction following the spike on the Russian invasion is over and we are back to trading on fundamentals.
WTI at $106 in pre-market trading. Crude continues to draw worldwide, and I don't see a supply response coming from the US anytime soon as there simply isn't the labor or materials available to ramp production.
WTI at $106 in pre-market trading. Crude continues to draw worldwide, and I don't see a supply response coming from the US anytime soon as there simply isn't the labor or materials available to ramp production.