Oil easing down after China changes its mind.
The biggest oil importer, China, has decided not to open its market freely, rather, cautiously. The pandemic has still made its presence felt as cases rise over the weekend. Slightly stable dollar also made oil slid down. With demand dwindling, we can expect WTI to extend its slide to 80s.
Importir minyak terbesar, Tiongkok, telah memutuskan untuk tidak membuka pasarnya secara bebas, namun dengan kehati-hatian. Pandemi masih terasa adanya setelah jumlah kasus meningkat pada akhir pekan lalu. Dengan rada stabilnya dolar juga mempengaruhi kemelorotan minyak bumi. Dengan permintaan yang melemah, kami melihat WTI cenderung kepleset ke level 80an.
Edited 15 Nov 2022, 06:47
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.