You are viewing a single comment's thread from:RE: LeoThread 2023-03-28 13:15View the full contexttaskmaster4450le (80)in LeoFinance • 2 years ago #oil above $73. That is pushing higher in spite of the banking issues.
Many economists attribute that to the rise in the #Chinese economic activity, but #Saudi Arabia accepting yuans for their #oil might have something to do too 😅.
Economists tend to be wrong.
And I dont think the Yuan have much do with it. Most of this is future market activity which is leveraged.
Short term moves starts can distort things.