There is oversupply of oil coming from new oil rigs in USA so oil there rise in supply. Also the price of keeping oil in tankers raises since there is no space to keep oil. I will go short for couple weeks and see what happens.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
