Market News Oil Supplemental November 14

Don’t Be Fooled! OPEC Will Pull Barrels Out Of The Market

Oil market manipulators have flushed the toilet on the longs. Open interest is plunging and oil is a great opportunity. A $20 rally in oil is in the cards. And OPEC has the power to do it. All they have to do is turn a valve. The Saudis, as a favor to Trump, have over supplied the market at the lowest demand time of the year by over a million barrels a day. This party is over. There is already a consensus building in OPEC to dramatically cut oil production. And they meet in a few weeks at the beginning of December.

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