Oil traders go long, but short term risks remain – FX Empire
Oil traders go long, but short term risks remain – FX Empire
Oil traders are arbitrarily long on data recently released by the American Petroleum Institute, showing the U.S. economy’s energy demand is on the rise amid an era of rising COVID-19 cases disrupting major economic centers around the world. Oil prices have recovered to pre-COVID-19 pandemic levels, as oil hikes have pushed Brent prices to $ […]
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