War Impact
The years has not yet done with the Ukrain and Russia war, new war has emerged now and impacting the world scenario of crude oil.
Brent is touching $95 and WTI hovering around $90, now nobody when weather world with end with world war or will go towards a peace.
USA supply of war equipment to the Israel is not seems to give any peace in near terms to the world.
However one has to be very conciouse about making any short position into crude oil since one talk of peace can reverse the position.
It now ARABIC world palying key role now and controlling to crude oil.
However recent talk with the VENUGULIAN GOVT. may give some sort of rest but it not the solution since global chain supply of crude oil is driven by Arabic world.