Oil Set To Plunge Another $10 On The Open

Oil & Gas
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Monday, March 09,  2020   /12:30 AM  / By Stephen Alpher, SA News Editor/ Header Image Credit: Oilprice

 

Veteran oil trader Mark Fisher tells CNBC's Scott Wapner that oil is indicated to open below $32 per barrel - nearly $10 less than where it closed on Friday, and about $15 per barrel below where it closed on Thursday.


In case you missed it, 
the Saudis on Saturday declared an all-out price war in response to Russia's Friday refusal to go along with production cuts.


A few ETFs of interest:USOXLEOILUWTXOPUCOVDEOIHDWTBGRBNOERX,
 GUSHSCOXESDRIPFENYDBO


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