Re: GASOLINE PRICE - PASS THE DAY EASIER

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Posted by Dean on April 06, 2020 at 21:20:00 [URL] [DELETE] :

In Reply to: Re: GASOLINE PRICE - PASS THE DAY EASIER posted by Doug siperly on April 06, 2020 at 20:45:57:

Looks like Putin caved today.

Expect a production cut deal of 10B+ BBL by OPEC+ later this week and a surge in crude prices.

Unlike the downside, gasoline prices will quickly rise.

Still, crude is going nowhere near where it was only weeks ago, and the OPEC+ deal will likely not hold.

Stay tuned.

Dean


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