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Theres more room to fall if opec and plus russia doesnt actually end up coming through with those supply cuts if they dont then you could see will fall further and therefore will fall through the 50. 00 to 55. 00 area i think in the near term youre going to see a lot of traders get on short and take that lower but i think that will be short lived i think ultimately the risk is really more to the upside than the downside and so there are actually traders out there you know running supertankers and will facility space in south korea to the to the millions of barrels of oil that theyre storing on that oil will eventually rise and i believe that theyre right now sean are we still looking at a chance that chinese Oil Storage Capacity could actually run out and oil prices overshoot even more to the downside. Its possible they dont really publish their numbers officially but from what i gather theres about 400000000 barrels that th ....
just a click away. find out basic documentary on you to read that morning. see the world as you ve never seen it before. dr. now, t d, w documentary on the 2nd session and 3 years, the world bank says the global economy is perilously close to another recession in 2023. and insider tells us what s at risk. also on the show, microsoft sets of sites on artificial intelligence was talked to invest billions in open ai, the firm behind the boston station chat, g p t. we ll look at what microsoft helps to get out of the deal. and a mild winter might have saved europe from a disastrous energy crisis. but the warmth isn t welcome at the continent. ski resorts, hello from berlin. i m christy plots, and bringing you d w business. the global economy is growing ever slower under the weight of elevated inflation. higher interest rates, lower investments, and disruptions caused by russia s invasion of ukraine. that s according to the world banks, latest global economic prospects repor ....
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