Recently, we have been observing a lot of fundamental events related to oil, such as the urgent meeting of OPEC /+ and the news of a cut of 9.7 million barrels per day. I will not expound the entire chronicle of events since it is very easy to find it on the Internet. In my opinion, oil this year should reach a level of $ 65 per barrel.
The Russians and the Saudis played a great game in a time of chaos, now the time has come to restore balance.
The only negative factor is that due to the epidemic, borders are closed and oil demand is reduced. But in anyways oil should not be sold at the same cost as its own.
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The Russians and the Saudis played a great game in a time of chaos, now the time has come to restore balance.
The only negative factor is that due to the epidemic, borders are closed and oil demand is reduced. But in anyways oil should not be sold at the same cost as its own.
Our group transmits information without forcing anyone to trade, any transactions that you open are at your own risk.
Stay Home and Stay Safe!
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