Mar. 11 at 4:47 AM
$GTE Oil dropping and possibly more pain to come if 400 billion barrels are dropped (even incrementally) on the market just as the oil in the Straight of Hormuz starts getting through while the overflowing storage in the Middle East is unloaded. Not to mention production in North amd South America is running full tilt. Welcome to Covid lows if this happens. Oh, I almost forgot the brilliant idea of the Treasury Department possibly being allowed to short the heck out of oil as well.