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Tuesday, June 25, 2019

OIL TAKES THE DAY OFF

“Oil says leave me alone, I’m busy!”

Well, not much to say about a 9 hour session that has moved about 60 cents
… caught between OPEC production cuts & slumping world oil demand, price
can’t make up its mind where to go … so it goes nowhere. Throw in Trump / Xi
this weekend at the G20, and it’s about as confusing as it gets.

If you’re looking for guidance, come back next week, cuz oil looks to be like the
dog … leave me alone, we’re on vacation. And that pretty much sums up oil
today!

Until tomorrow mi amigos … Onward & Upward!

Have a great day everybody!

-vegas



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