Crude Oil Rallied Due To Saudi Arabia Rumors
Schwab Network
English - November 22, 2022 18:10 - 6 minutes - 68.2 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Crude oil price rallies back from January lows. "Within the last few years, something tends to happen with crude oil around Thanksgiving. Europe wants to stop importing oil from Russia to punish them for Ukraine. Saudi Arabia was rumored to increase production. Today was a day that proved that traders need to have stop orders in place for protection in volatile markets," says Chris Robinson.