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Brent oil price

Can anyone explain to me why the oil price is currently running so contrary to market sentiment? $IOIL00 (-0,7%) is rising and rising.

I don't understand it somehow.

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4 Comentários

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@Waxman
I've saved your post and will read it all the way through when I have a bit more time.
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@Bonus But don't read too much at once, I would spread it out over a few days and keep reading a little at a time
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"Oil prices are rising sharply in US trading as reports of difficult talks between the US and Iran heighten geopolitical tensions. Market participants are keeping a close eye on the situation as possible military conflict could affect oil supplies."
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