What a surprise: oil prices have dropped this morning following the weekend’s ‘good news’ on peace deal, hot on the heels of last week’s ‘bad news’ that the USA were minutes away from resuming hostilities, which of course spiked the oil price.
Sell high last week, buy low today, then issue news in the near future that peace negotiations have stalled, oil rises: sell. Am I right or am I wrong?
Don’t know who I detest more, the seemingly flagrant market manipulation by the Trump cohort or the Commodities Market’s ever-credulous, fickle, lemming-like response to the cohort’s weasel words.