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Saudi Arabia & OPEC+ are trying to combat “uncertainties and sentiment” in the oil market

Saudi Arabia & OPEC+ are trying to combat “uncertainties and sentiment” in the oil market
Bloomberg (gated) has the report of remarks from Saudi Arabia's Prince Abdulaziz bin Salman at an Arab-China business forum in Riyadh.on Sunday:Saudi Arabia and its OPEC+ allies are trying to combat “uncertainties and sentiment” in the oil marketThe translation of this is that the cartel is trying to combat short sellers. “I think the physical market is telling us something, and the futures market is telling us something else ... That’s why we keep taking these precautionary measures.”There... Read More
Posted: Jun 11 2023, 20:42
Author Name: forexlive
Views: 102126

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