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Shorting in the spot market has one restriction – it strictly has to be done on an intraday basis. Meaning you can initiate the short trade anytime during the day, but you will have to buy back the shares (square off) by end of the day before the market closes.
War ended? Where did you get this info? There is no such news that war has ended anywhere.
Oil price dipped bcos of news that US seek oil supply from Chevron in Venezuela but this oil supply not for others. Only for US. US only import 9% crude oil from Russia. UK sanction crude oil from Russia but UK only import 8% oil from Russia.
There is no chance Iran, Iraq, Venezuela combined can replace oil from Russia.
In fact, Europe is considering to import gas and crude oil from Russia.
nord stream 1 is still supplying gas to eu...relax..
russia is still supplying oil to eu....relax...
nazr is correct in a way us uk rely less on russia oil n gas....thats y these 2 players dare to ban...
germany gets 2/3 of gas from russia....norway + netherland constitute mainly the other ~1/3
france is a mediator for this war action started by putin...france is part of eu...if france doesnt agree certain action, france can oppose, like germany opposing to oil n gas sanction on russia
it appears UA.E and Iraq signalled OPEC may have greater willingness to raise output and Ukraine president reiterated he is prepared to make compromises with Russia to end the war.source from bloomberg
Euro bourse CAC, DAX and FTSE are in GREEN amid news that ECB will issue bonds to collect funds to reduce inflation rate. Many analysts believe that ECB will not increase and maintain their interest rates for now. FYI.
When retailer panic sell, big kaki keep collecting. Oil price still remain high even russia stop war , its about supply & demand + inflation. Oil price still sell higher price with demand need more when whole world open border.
Please see my other comments on Oil production per day, Oil consumption per day and oil remaining inventory.... We got help from a friend to get these data so that you can decide on what to do today..