A war with such an energy giant as Russia could trigger recession in the European and world economy. This will undoubtedly cause a slowdown in global oil demand. However, investors are more concerned about the offer. Let’s discuss the topic and make up a Brent trading plan.
Weekly oil fundamental analysis
When the oil price dropped during the recession, analysts spoke about the supply problems. Next, the price rose, and economists suggested demand recovery. Currently, both supplies and consumption of oil face a downturn, resulting in the consolidation of the Brent price in the range of $98-$115 per barrel. Some traders call such… Read full author’s opinion and review in blog of #LiteFinance