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Why Oil Is Up Today
Why oil is up today (Monday, Nov. 23): WTI crude oil prices gained 0.7% this morning following a bullish announcement from Saudi Arabia.
The gains came after Saudi Arabia announced it's ready to cooperate with both OPEC and non-OPEC members to stabilize oil prices.
But Saudi Arabia isn't in the power position it thinks it is...
Why oil is up today (Monday, Nov. 23): WTI crude oil prices gained 0.7% this morning following a bullish announcement from Saudi Arabia.
The gains came after Saudi Arabia announced it's ready to cooperate with both OPEC and non-OPEC members to stabilize oil prices.
But Saudi Arabia isn't in the power position it thinks it is...