Crude oil prices began to trade on Thursday with little change from Wednesday’s close as opposing forces kept them stable. On the one hand, fear of a U.S. debt default is driving bearish sentiment and the respective trade behavior, which is pressuring prices. On the other hand, the Saudi Energy Minister suggested earlier this week OPEC+ might cut more output unless short sellers behave, and that lent oil some upward pressure.
"Speculators, like in any market they are there to stay, I keep advising them that they will be ouching, they did…Oil Prices Stuck Between Debt Ceiling Uncertainty And More OPEC+ Cuts
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться