Brent crude oil is trading higher today following a near 10% selloff earlier in the week. Speculative long positions have now been scaled back and with the return of verbal intervention this time from Russia we could see the market recover at least some of what was lost.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/saxostrats-oil-to-recover-some-its-recent-aggressive-loss-8035605?utm_medium=tf4-feed&utm_source=extract
#SaxoStrats: Oil to recover some its recent aggressive loss
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