U.S. Troops Are Positioned, And The Oil Price Knows It

Oil prices have risen overall since the start of the U. S. –Iran war, but they have also dropped sharply at times, falling more than 30% during some periods. These sharp falls were caused by renewed optimism in the market. The article notes that analysts have no current positions in the companies mentioned.

Since the beginning of the U. -Iran war, oil prices have become a rollercoaster. The underlying trend is clearly upward; however, there were periods of significant downside, even more than 30%. This was due to renewed optimism Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.

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