The market is extremely hesitant to go below USD60 a barrel and that is because of the Nigerian outages for the most part.
The market is extremely hesitant to go below $60 a barrel and that is because of the Nigerian outages for the most part.
There is a lot of strength at $60. We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.
There is a lot of strength at $60, ... We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.