West Texas Oil

Oil is a bargain

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During COVID lockdowns oil corrected about 78%. This was with lockdown and instant and significant decrease in demand. However the price came back strong soon after. Now the price of oil has corrected about 44% without something like a lockdown, which is a big correction. So i am obdering wether it will begin to bottom soon and we will see a rally like we saw after it bottomed in 2020. Lets see.

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