US crude falls into 60.00 handle
Trump's earlier tweet sent US crude down to the 60.00 handle and just off the daily lows as the market digests whether the production cuts announced by Saudi Arabia is enough to start bidding Oil. Trump wants prices low, but you know what they say, 'You can't always get what you want'. This does offer a value place to buy Crude if you think Saudi Arabia's production cuts are going to result in higher prices from here. Stop under the daily lows provide a fairly tight stop from here.
