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RE: Oil Prices And This Week Expectations

in LeoFinance20 hours ago

Since oil is in the stock market is a speculative asset that means that traders speculate where the price can be of course this speculation is based on a lot of factors like oil demand and supply trading between countries and many more other things

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So true I think it is oil demand the factor that affects the most since almost all vehicles here including some energy sources rely on oil just like my father who fuels full tank to deliver stocks to Cagayan de Oro and El Salvador City.