WTI crude oil to hit $70 in 2018?? above?

[Davy Crockett]

Somebody must have accidently bumped the throttle.

 

[Allen]

hey - what’s going on here? why plunging last couple days?

Darn good question, this is when I become easily convinced there's widespread insider trading. Lots (almost all) oil stocks have hit the crapper over the past few days and not a bit of publicly available cause and effect.

I think the one bearish indicator I've seen is that while crude inventories have dropped, distillate inventories have gone up. But there have been some really big hits for a seemingly overall bullish oil market.

 

[tikkalover]

Stock markets down, crude is down, gas is up. Hit 2.79 today here.