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as expected nothing comes out of the OPEC meeting, consequences: oil price has collapsed!! We may see the WTI price around 60USD.... : - (
Needless to say with the current drop in oil price and even lower in the months to come, nothing will come out from the Vienna OPEC meeting. And FRR oil revenue will suffer and the sp in consequence. Prepare for the worst case scenario…
Looks like someone is offloading his holding since 2 weeks ahead of the next plunge...??
we have a descending triangle with the support broken and volume important. technically we would see 0.59p
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