Oil - Tuesday, September 5th

Name: Oil - Tuesday, September 5th
Uploaded: 2023-09-05T11:39:23.572577
Channel: SirBarkefeller
Description: Up, up, and away when it comes to crude oil prices. Today's Saudi and Russian announcement of continued output cuts boost the price immensely. I see very little standing in its way as we continue to use more oil than we are producing. If we have a retracement we look to potentially buy the dip.

Long

WTI Light Crude Oil (BLACKBULL:WTI)

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BLACKBULL:WTI WTI Light Crude Oil

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Up, up, and away when it comes to crude oil prices. Today's Saudi and Russian announcement of continued output cuts boost the price immensely. I see very little standing in its way as we continue to use more oil than we are producing. If we have a retracement we look to potentially buy the dip.

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