With Oil Production Pumping Records 7 More U.S. Oil Rigs Come On Line

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  • 16 Feb '18 at 9:05 pm #15050
    TradersCom
    Keymaster

    With another oil production all time high and…

    [article]584[/article]

    16 Feb '18 at 10:50 pm #15051
    MoneyNeverSleeps
    Participant

    You would be disappointed if they weren’t adding rigs at this time if you were a stockholder

    19 Feb '18 at 9:21 am #15091
    ThePitBoss
    Participant

    Ahead of Presidents Day Oil has shrugged off the rig report and opened Sunday night higher in Japan. Risk on is back and equities in Asia continue to rise with the Nikkei up by 1.71%.

    With WTI at $62.50 it has rebounded over 7.5% from the lows on 9 February. Brent is trading at session highs at $65.40.

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