With all due respect, FrankLim, I really think you shud stop using price figures for WTI, and consistently keep to Brent instead. It cud be dangerously confusing to not a few people, especially the newbies.
Like, if I say today that oil is 79 (meaning Brent oil), and then tomorrow you post something saying oil is now 69 (meaning WTI oil), some guys might start thinking that oil has dropped US$10 & start dumping their stock in panic.
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Jonathan Keung
4,436 posts
Posted by Jonathan Keung > 2018-10-18 17:16 | Report Abuse
wait for the US sanction on Iran crude kicks in. prices should hold at USD 80 level. not forgetting winter months