Commodities are constantly being manipulated for someones gain (usually US and EU), Oil has already hit peak supply so there is no fundamental reason to drop under $100. A few good points have come out that it puts pressure on Russia since thats where they get most of their money from and helps USA as they spend a lot on fuel. win-win right?
Its impossible to know the true reason but know that someone is making a shit load of money on this. Im tempted to reload the forex account to buy oil/dollar but I wont touch that stuff ever again.
Its impossible to know the true reason but know that someone is making a shit load of money on this. Im tempted to reload the forex account to buy oil/dollar but I wont touch that stuff ever again.
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