The oil price increases are attributed to a seasonal drop in market liquidity, which typically leads to reduced selling pressure and potential for sudden price spikes.
As geopolitical tensions in the Middle East escalate, Iran's internal struggles may lessen its influence on crude prices, with its deteriorating situation impacting resilience against attacks.
China's government has approved a significant issuance of treasury bonds, aiming to stimulate economic growth and address tariffs from the United States, impacting future market stability.
The light sweet crude futures trading volumes are notably lower, indicating a quiet market period where institutional investors might not drive prices aggressively due to the holidays.
Collection
[
|
...
]