Short sellers have increased their positions as recession fears grow, but a recovery in crude oil prices occurred as OPEC+ discussed potential production cuts of 1 million barrels per day, driven by Saudi Arabia’s desire for prices above $78 to cover their fiscal deficit. Read More | Source: The…
View More Short positions on crude oil up 140% last week; wait for prices to settle before taking fresh positionsTag: OPEC
Ukraine factor pushes up crude oil futures
Crude oil market is already facing problems in supplies to the global consumers as the OPEC+ finds it difficult to hike output Read More | Source: The Hindu Business Line…
View More Ukraine factor pushes up crude oil futures