Brent Crude Oil
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Long Oil

Oil price is increasing in anticipation of the OPEC+ meeting. The organization is expected to cut the supply by 2 million barrels a day, this is double the amount the original. In addition to that, the dire situation between Russia-Ukraine will make the market more volatile.

Moreover, Chinese demand is rebounding as refineries rush to use quotas.

According to Bloomberg, the anticipated increase in China’s oil consumption as refiners lift operating rates may help to support global prices.
액티브 트레이드
노트
Stop loss moved to 91.90
거래청산: 타겟 닿음

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