Why do you think oil is falling? Is there too much right now? Or is there something going on behind the scenes?
The price of oil has climbed higher on the supposedly positive news coming out of the U.S and China delay in increasing trade tariffs. Most likely, the equities markets will react positively to this news as well. Oil in Canada seems to potentially be in for a boost to its prices as well. But it’s a very different situation.
Alberta premier announces 8.7% oil production cut to increase prices | CBC News
https://www.cbc.ca/news/canada/edmonton/alberta-premier-oil-differential-announcement-1.4929610
Alberta Orders Unprecedented Production Cut to Ease Crude Crisis
2018-11-16_6-42-21.png (890×429)
https://www.zerohedge.com/sites/default/files/inline-images/2018-11-16_6-42-21.png
Crude Oil Prices Today | OilPrice.com
Get your natural gas in Texas for 25 cents, if you can