Greeting Fellow Traders.
Today we just hit the lowest price in the history of Oil and thats 13 dollars per barrel.
This economical crisis that has been its going to be a long one i think.Its only of matter of time before its start normal life in all countries in the world.
For now dear traders i think that the price for opening a buy is around 14,00-15,00 on this key level because it will be for about 6 months until the airlines and cars start moving around the globe.The industry has shoown that very soon the three big players Russia and USA And Saudi Arabia need a deal to start agrement with oil prices very soon because of the Corona Virus.
Crazy times for US Oil markets. Just to think in Jan of this year it cost over $60 per barrel of Oil to buy. Today history was made and the price dropped below $0. Its insanity when you think about it. I can imagine alot of people will be placing buys now the new contract has started.I think i will be a buyer because but watching the news and pray that it will be all over soon and we can place buy.
Please make your own Analysis before traiding.
Thank You
Today we just hit the lowest price in the history of Oil and thats 13 dollars per barrel.
This economical crisis that has been its going to be a long one i think.Its only of matter of time before its start normal life in all countries in the world.
For now dear traders i think that the price for opening a buy is around 14,00-15,00 on this key level because it will be for about 6 months until the airlines and cars start moving around the globe.The industry has shoown that very soon the three big players Russia and USA And Saudi Arabia need a deal to start agrement with oil prices very soon because of the Corona Virus.
Crazy times for US Oil markets. Just to think in Jan of this year it cost over $60 per barrel of Oil to buy. Today history was made and the price dropped below $0. Its insanity when you think about it. I can imagine alot of people will be placing buys now the new contract has started.I think i will be a buyer because but watching the news and pray that it will be all over soon and we can place buy.
Please make your own Analysis before traiding.
Thank You