https://youtu.be/yXObdrvJ-LI?t=25
Prices of oil increased on Wednesday to reach its highest level since January 31 as the Organization of Petroleum Exporting Nations (OPEC) and allied countries led by Russia known as OPEC+ decided to drop plans on meeting in February to discuss further output cuts. The cartel is set to hold a meeting in March with analysts expecting it to cut global oil production to 2.3 million barrels a day. Meanwhile, the United States imposed sanctions on the largest Russian oil company Rosneft over its role in the affairs of Venezuela. West Texas Intermediate for March delivery added 0.67% at 4:04 am to go for $52.45 per barrel. Meanwhile, Brent for April settlement grew 0.92% to trade for $58.21 per barrel at 4:05 am ET. Nick Note: You hired a expert…ME. And i really really really have PROVEN I know what i am doing. ON OIL…. what they are telling you is bullshit… FUCK CHINA! they are buying the shit out of cheap oil. What those teleprompter analysis and the oil market manipulator firms that gave you my best trade of loast year on the Christmas eve (lizard brain) massacre is the FACT that ALL Libya (Africa biggest oil producer) is out of production. And oil traders are desperate as the market is running short… Yes you read that right SHORT!!!! Libyan crude is the sweetest in the world and in the most demand of any oil in the galaxy……. AND ALL THEIR OIL FIELDS ARE SHUT DOWN……… and And AND despite the BULLSHIT are not about to reopen anytime soon. Its known as the last bargaining chip as the worlds nation like Russia, China, Iran and NATO member Turkey all have a dog in the hunt! Amazing what they forget to tell you!