Oil prices edged higher after Trump said Patriot missiles would be sent to Ukraine and hinted at new sanctions on Russia. Brent rose to $70.47, WTI to $68.49. Market nerves were tempered by Saudi Arabia exceeding its output target. Retail sentiment toward the USO ETF remains extremely bearish despite rising geopolitical tensions and tightening supply concerns.
short by
/
11:08 am on
14 Jul