Post by
VeritasVern on Jan 10, 2025 1:58pm
Oil prices rising as so is sentiment
Interesting that despite China oil demand concerns, EU economic activity declining, expectation for inflationary headwinds and still the prospect of over supply in oil - that WTI s now at $76 but likely to go higher. I think someone in past suggested a political bias in the oil markets and it appears to be unfolding.