CFD sur Pétrole brut WTI
Short

USOIL Bear mode?

78
Due to omicron fear mongering campaign. The mainstream media is floating out this narrative that demand is slowing down. What we could see is a temporary bottom in the event Russia invades Ukraine. According to SkyNews article, "Russia-Ukraine tensions: Most signs point to Putin having a plan to invade - but could he be made to think twice?"

The World Health Organization said omicron poses a very high global risk. A strengthening in the US dollar also weighed on oil prices. Pfizer and BioNTech pharmaceutical companies said preliminary laboratory studies demonstrate that three doses of the Pfizer-BioNTech COVID-19 vaccine neutralize the omicron variant while two doses show indications of a significant increase in protection. - Mohammed Al-Shatti is a Kuwaiti oil analyst

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