Saudi Arabia vs Russia oil price dispute
Saudi Arabia vs Russia oil price dispute
Saudi Arabia vs Russia oil price dispute
Because of this structure, the negative factors are bound to increase in the stock market. What about America?
If the confrontation between Saudi Arabia and Russia continues, which country will suffer the most? Well, oil-producing countries will also have a lot of financial turmoil, but the United States, which produces the most, will suffer a lot of damage.President Trump’s re-election bid in the U.S. is now facing a presidential election, but with the spread of the new coronavirus and negative factors in his re-election, if oil price instability threatens U.S. companies and the stock market, his re-election will be very uncertain.There are many other factors, but there is a good chance that the United States will intervene in this situation anyway. What about Saudi Arabia?
If the confrontation between Saudi Arabia and Russia continues, which country will suffer the most? Well, oil-producing countries will also have a lot of financial turmoil, but the United States, which produces the most, will suffer a lot of damage.President Trump’s re-election bid in the U.S. is now facing a presidential election, but with the spread of the new coronavirus and negative factors in his re-election, if oil price instability threatens U.S. companies and the stock market, his re-election will be very uncertain.There are many other factors, but there is a good chance that the United States will intervene in this situation anyway. What about Saudi Arabia?
As a result, the oil price crash could in some ways end in a short-term accident.And even if many of the things we’re worried about now really come true in April, as a result, oil prices will eventually have to rise as time goes by.No matter how eco-friendly the era of energy is coming, oil is the most important energy for mankind, so in a sense, demand will only rise and fall for a short time, and oil prices will inevitably rise in the long run.Moreover, the spread of the new coronavirus, the main cause of the recent decline in crude oil demand, is an infectious disease that is bound to end, and oil demand may naturally recover after this period.What about a recovery in demand? It’s going to help stabilize oil prices. Therefore, it is possible to think that there is a good chance that oil prices will calm down at the moment. What should we do about investment?
There are ETF products that are very easy to invest in, like stocking.KODEXWTI crude oil futures (H) (261220) hit a low on the day of a sharp drop in crude oil prices.If you look at the past oil price charts, you can see that the point of a sharp decline will reach the level.If the U.S. does not intervene in stabilizing oil prices, it can fall to $20 level, but from the point of view explained above, it is possible to analyze that the current price range is very low.With all the attention of investors now focused on COVID-19, it may be time to invest a step further than others if you become interested in oil prices that understand the nature of the current market.If you look at the past oil price charts, you can see that the point of a sharp decline will reach the level.If the U.S. does not intervene in stabilizing oil prices, it can fall to $20 level, but from the point of view explained above, it is possible to analyze that the current price range is very low.With all the attention of investors now focused on COVID-19, it may be time to invest a step further than others if you become interested in oil prices that understand the nature of the current market.Copyright 2020/2020. All rights reserved.