August and September saw the oil markets take off after President Trump announced sanctions against Iran.
This led to widespread fear that oil supplies would be disrupted. It sent the futures market soaring with a 175% increase in some futures contracts.
The reverse is starting to play out. Prices not only stabilized during the month of October, they actually fell. The drawdown might not be over. There are valid reasons why prices could still head south.
Click on image to read full article.
Great push! Noone will read (:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post!
Thanks for tasting the eden!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 60.28% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 49.05% upvote from @upmewhale courtesy of @steemium!
Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 49.23% upvote from @emperorofnaps courtesy of @steemium!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 51.68% upvote from @oceanwhale courtesy of @steemium! Earn 100% earning payout by delegating SP to @oceanwhale. Visit www.OceanWhaleBot.com for details!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 47.07% upvote from @brupvoter courtesy of @steemium!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 42.77% upvote from @booster courtesy of @steemium!
NEW FEATURE:
You can earn a passive income from our service by delegating your stake in SteemPower to @booster. We'll be sharing 100% Liquid tokens automatically between all our delegators every time a wallet has accumulated 1K STEEM or SBD.
Quick Delegation: 1000| 2500 | 5000 | 10000 | 20000 | 50000
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 49.51% upvote from @dailyupvotes courtesy of @steemium!
To support this service please vote for @chitty as a witness.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My forecasts that oil until the end of this year will fall further.
at the end of December the price will be 65 -58 for barrel
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit