Crude oil’s price spike lives on.
China’s economic recovery, dropping stockpiles, OPEC production cuts, and cold weather across the north has driven the price of crude oil to its highest mark in more than two years.
And there are no signs this climb will end any time soon with more vaccines rolling out and the global economy beginning to recover from the COVID-19 pandemic.
🛢️ Crude oil’s price continues its climb thanks to China’s recovery, cold temperatures in the north, and OPEC production cuts.
This push upwards seems to have no end in sight, so what are you waiting for to trade oil now?
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