Oil Prices Fall as Trump Says Venezuela Will Turn Over Up to 50 Million Barrels
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيOil prices fell in early Asian trade as President Trump's claim of Venezuela releasing 30-50 million barrels of oil added to bearish sentiment, exacerbating concerns of oversupply in the market.
Market impact analysis based on bearish sentiment with 85% confidence.
سياق المقال
Oil prices extended losses in early Asian trade on Wednesday as President Trump claimed that Venezuela would be "turning over" between 30 and 50 million barrels of oil. Markets are increasingly seeing the capture of Maduro and growing U.S. pressure on Venezuela as bearish for oil prices, with expectations that more Venezuelan oil will hit an already oversupplied oil market. At the time of writing, West Texas Intermediate was trading at $56.32 a barrel, down 1.42%, while Brent crude had dropped 1.07% to trade just above $60. If Trump's claims…
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