📺 Oil Short Working On Structural Demand Weakness
From Live Trading Room (06.04.24)
In this short clip from Live Trading Room (06.04.24), I discuss the current trends in oil and gasoline markets, highlighting structural demand challenges and the bearish sentiment among traders.
I reference various analysts' views and charts that suggest a cautious approach to oil investments, particularly focusing on short-term trading setups and the influence of external factors such as renewable energy advances and economic indicators.
00:00 Net Speculative Positioning And Market Insights
01:06 Detailed Analysis Of Energy Sector Trading
02:02 Discussion On Structural Demand Challenges In The Fuel Market
03:01 Impacts Of Renewable Energy And Market Trends On Oil Prices
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