USO has hit the skids amid demand concerns as China turtles under the weight of Coronavirus quarantining. OPEC+ has failed to deliver a cut. But support is holding and a squeeze is possible because better days lie ahead, powered by new stimulus and a coming jump in post-quarantine demand.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.