Final decline: short WTI till 20-25

2 Şub 2016

Last Weeks production cut rumours showed the potential dynamics of a short covering rally. Most likely we will see the lows within the next few days before a significant correction will occur. It is unlikely that this will be a sustainable correction since the current oversupply is quite significant. For prices above 100 $ we first need to see the "dead-man-pumping" US-Shale defaulting first... 1Q16 data will show!

8 Şub 2016

Not

This weeks rumours:
bloomberg.com/news/articles/2016-02-08/chesapeake-energy-craters-22-percent-on-restructuring-report
Chesapeake Energy about to file Chapter 11. Many to come... The bottom is near. Stay calm!