
Bullish On Crude Oil Amid Sellers' Exhaustion
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7 min
Business & Finance
Description
<p>Is the stock market still bullish on crude oil? OPEC+ is continuing to add barrels. However, they are not worried about the demand landscape. How is the EIA Petroleum Status Report affecting the crude oil price? "Stocks got beaten down after earnings season and sellers became exhausted. Negativity became extreme from a supply and demand perspective. It's important to monetize a trading move," Bill Baruch says. </p><p><br></p>
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Bullish On Crude Oil Amid Sellers' Exhaustion
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