No big news has come out, but WTI crude oil has bounced back to around $ 16.
So far, I don’t think it will be a full-scale rise. Continue buying USDCAD and selling US stock S & P500 (CFD).
Crude oil futures, panic selling in June-WTI crude oil temporarily fell 42%
The oil market meltdown has continued for 21 days. Space for storing sloppy crude oil is running out worldwide, and sales of crude oil futures expanded beyond the contract month due to technical factors. The New York Commercial Exchange (NYMEX) West Texas Intermediate (WTI) May contract set a negative price for the first time in […]