I think we can expect some two-sided markets in oil for days, maybe weeks to come. I know the OPEC meeting is around a month away, so that maybe will give a push to where we might be headed next.
If we break the $48 level, I'd expect that we mosey on down to close to the $40 level and see who wants some more.
If we break the $48 level, I'd expect that we mosey on down to close to the $40 level and see who wants some more.
