Tim Evans
Tim Evans
climbing crude demand downward high level price reminder revision stocks trouble
The OPEC demand revision is more of a reminder than anything else. Between the high level of crude stocks and the downward revisions to demand, the price should have trouble climbing like it has done this week.
bell consider higher perhaps price ready rung
We've rung the bell at $600 and now we're perhaps ready to consolidate before we consider higher price levels.
perhaps short situation
The situation is not going to get better in the short term. Perhaps it will get worse.