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It's official: Google searches for the phrase “How To Trade Commodities” are surging once again! This comes as no surprise, considering the current m
It's official: Google searches for the phrase “How To Trade Commodities” are surging once again!
These cuts are in addition to the 1.66 million barrels per day output reduction other members of OPEC have put in place until the end of 2024. Interestingly, it was only a few months ago, when Saudi Arabia needed Oil prices trading above $85 a barrel, in order to breakeven. Another reason why Saudi Arabia and its closest ally Russia, may want Oil prices above $100 a barrel, according to Goldman Sachs, is because of the “political importance of U.S gasoline prices.”
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