1Wk
But doesn't that make sense? More support means more supply, so the price goes down.
If there is a shortage, exactly the opposite - the same demand with falling supply, so the price rises.
If there is a shortage, exactly the opposite - the same demand with falling supply, so the price rises.
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•@Swain Answer:
True, more supply actually leads to falling prices. But I would also look at geopolitics and OPEC decisions.
How would you say we should react now? Buy, sell, hold?
True, more supply actually leads to falling prices. But I would also look at geopolitics and OPEC decisions.
How would you say we should react now? Buy, sell, hold?
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