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“BREAKING: US oil prices drop below $74/barrel for the first time since March 5th after the US and Iran officially sign the "Memorandum of Understanding."”
@KobeissiLetter · The Kobeissi Letter
US-Iran MOU removes geopolitical risk premium, sending WTI crude below $74 and continuing its multi-week freefall
WTISHORT@ $72.99
$88.06-20.64%
since call Jun 18
“BREAKING: US oil prices drop below $74/barrel for the first time since March 5th after the US and Iran officially sign the "Memorandum of Understanding."”
@KobeissiLetter · The Kobeissi Letter
WTI crude collapsing below $74 squeezes revenue for US oil producers, pulling the energy sector ETF lower
XLESHORT@ $53.62
$60.42-12.67%
since call Jun 18
TIMESTAMPS
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