Oil is going to keep going up. It will be volatile but it’s going up. The reason’s are simple, there is no surplus and when there is no surplus all problems get magnified. There are always problems somewhere. Reason two. The places where oil is most prevalent are the most volatile countries in the world. I know it sounds simple but I am always amazed how far traders can get from the basics. They can tell me everything there is to know about the candle charts and moving averages but they can’t tell me the top oil producting country in the world.
By the way its Saudi Arabia Oil futures trading oil options forex stock broker