RE: You were all warned - flight to the USD9 Mar 2026 08:26
Well Rob you thickbarstool. Overnight oil went up 25%, dollar was gaining. But then this news on the G7 both started to pull back. So yeah i imagine if they do flood the market with oil, both the oil price and dollar strength will reduce. Then normality will resume in the markets, albeit with an elevated price for oil as i doubt it will fall back to where it was.
Like anything, traders push the price up and once they realise more oil is coming they will move on.