OPEC is meeting today to determine whether they want to cut production by 1 million barrels per day to combat the “plummeting oil prices.” In summary, pre-buy if you can. It may go down next week, but it will go up for future weeks and months as we head into the winter and usage goes up and production is decreased.
Valek189 t1_iqwrwt7 wrote
Reply to Order oil now or wait? What’s your plan? by Moot_n_aboot
OPEC is meeting today to determine whether they want to cut production by 1 million barrels per day to combat the “plummeting oil prices.” In summary, pre-buy if you can. It may go down next week, but it will go up for future weeks and months as we head into the winter and usage goes up and production is decreased.