Geopolitical Hardball Resumes in the Oil Market

 You are receiving this as part of your subscription to Oil & Energy Investor. To remove your email from this list, [unsubscribe here](.  [Oil and Energy Investor with Dr. Kent Moors] [Oil and Energy Investor with Dr. Kent Moors] Friday, April 24, 2020 [Geopolitical Hardball Resumes in the Oil Market]( By Dr. Kent Moors Despite major percentage rises in WTI over the past two sessions, oil prices remain well below the level we had regarded as "the bottom" before historic negative numbers reached on Monday. Somewhat tongue in cheek, political cartoonist Bill Bramhall caught the sentiment well in The New York Daily News: [A close up of a piece of paper Description automatically generated] OK, so you can't really buy crude oil on Amazon (at least, not yet). But the underlying point is one widely shared by both market players and in common opinion: Oil prices remain too low to be believable. The subsequent rally that brought WTI from $-35.87 a barrel at close of trade on Monday to over $17 this morning has provided oil traders some respite. But the projections of a second major negative round of figures hitting over the next 30 to 60 days has some analyisist suggesting prices to come could easily be more than double Monday's dive. In the last Oil and Energy Investor I discussed why this negative pricing phenonomen occurred. [Today, we'll discuss the rising competition among major global oil producers as the low prices persist.](  [Trending] [Trending] [The New Rules for Buying Low and Selling High in Today's Market]( If you want to buy low and sell high in today's market, there's [only one rule]( you need to follow. Today, Tom Gentile is sharing everything - including the exact formula that could magnify your profits faster than you could ever believe. [Take a look](. 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