Expecting that the airline industry will pump more oil than ever — and expect every stadiums in the world open for entertainment.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 1.91% from the day prior, and up 19.43% from the same day the week before.
Or to view things another way, note that out of the past 14 days chevron corp’s price has gone up 9 them.
The fed is going to regret letting oil go negative last year.
This is a reversal of the price action on the previous hour, in which price moved up.
It’s been a feast for bulls operating on an hourly timeframe, as cvx has now gone up 4 of the past 5 hours.
This move happened on lower volume, as yesterday’s volume was down 2.22% from the day before — and down 7.15% from the same day the week before.
This move happened on lower volume, as yesterday’s volume was down 19.85% from the day before — and down 14.76% from the same day the week before.