Post by FP Markets

Historical data shows that oil prices slid during the 1991 Gulf War and 2003 Iraq invasion, as investors forecast that supply disruptions would quickly come to an end. Today, despite the ceasefire between the US and Iran, oil prices remain elevated, above pre-war levels. Although the Strait of Hormuz has been agreed to reopen, oil production infrastructure has been targeted by both sides. What's your forecast regarding oil prices' trajectory? How would you trade the current WTI and Brent oil markets? #FPMarkets #Oil #OilMarket #Geopolitics