1
WTI's recent run and the Saudi production cuts
It's interesting to see WTI pushing consistently above the low 80s lately, especially with the rhetoric around Saudi production cuts. The market seems to be pricing in a tighter supply picture more aggressively now than a few months ago, even with global demand still facing headwinds from interest rates. I'm curious if folks are seeing signs of this rally having legs, or if we're nearing a resistance point given the broader economic concerns. The technicals look decent, but fundamentals feel a bit more mixed.
0 comments · 1 points