Despite Russia-Ukraine tensions, crude oil is easing off
Although analysis are calling for $100 oil, it doesn't seem to be so in the near term.
Price actions of recent WTI has seen spike at every time impending war warnings, but eased off after that. It seems that most are already taking profits off the table and moving into Gold.
So we should expect further slide of crude oil.
Price actions of recent WTI has seen spike at every time impending war warnings, but eased off after that. It seems that most are already taking profits off the table and moving into Gold.
So we should expect further slide of crude oil.
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