The productivity of Venezuela may continue to decrease due to social instability and possible sanctions by Trump. There is speculation that Trumps foreign policy is closely related to dissatisfaction with high oil prices. However, the analysis indicated t
International crude oil prices have been rising for consecutive weeks. Today is the last trading day of the week. At present, the price of oil this week is showing a downward trend. If there are no surprises, the price increase of last week may be curtail
Recently, crude oil prices have skyrocketed. On the one hand, the market’s previous concerns about the OPEC meeting have cooled down with the end of the meeting. On the other hand, although the OPEC meeting announced an increase in production, it appears
Or because the points of the increase order are too close, the market reverses and the total position of the order suffers a loss. The pressure of too much position will make the trader worry, fear, and finally cannot stand the pressure, choose to reduce
It is hard to imagine that Saudi Arabia will assure Iran that its market share will not be affected by filling the supply gap caused by the reduction in Iran’s exports due to US sanctions. It is also hard to imagine Iran will take this one pass, and then