Oil views please...

[Minkmanos]

Hi, I'm looking for views on the Oil price.
Seems to have hit a ceiling (temporarily). OPEC meeting Thurs, with the real possibility of a cut in production that could push the price towards $70. However, if no cut in production then we could see a retraction from current levels.

New to trading oil, so sorry if I'm stating the obvious, but would appreciate people sharing their views. Thanks!

 

[Black Swan]

it's black and sticky, hope this helps.

 

[Minkmanos]

Hi, I'm looking for views on the Oil price.
Seems to have hit a ceiling (temporarily). OPEC meeting Thurs, with the real possibility of a cut in production that could push the price towards $70. However, if no cut in production then we could see a retraction from current levels.

New to trading oil, so sorry if I'm stating the obvious, but would appreciate people sharing their views. Thanks!

Well done. Very useful. Did you think this up all by yourself or did your friends help you.
Any other (original) comments/thoughts welcome.

 

[donovan5]

Not sure this is the right board.
Peoples views on oil isn't really first steps is it,why not look at the energy board.

You seem to have quoted the wrong person as well,unless you were being sarcastic towards yourself.