The Oil & Gas Trader
Recruit
- Messages
- 12
US Natural Gas prices are choppy, the spread can be wide, and swaps do take a toll, but as this chart shows, rewards are there if you are willing to trust the indicators and hold.
Yup...market is expecting fuel oil to raise with onset of summer travels but there seem to be some disappointments and not as expected.Thanks for the feedback. Oil should continue to move higher as the US moves towards normalisation and the economy comes back to life. Next port of call is around $72 a barrel.
Would you not say it would be prudent, and wise, to wait and see how market will react post talks & results with Iran today (Sat)?If only I had $1 for every time I say "let's see what happens next." It's the game we play!