Despite escalating tensions in the middle east, USOIL keeps declining. The market seems more focused on global economic growth beyond other factors. Now that the US is the largest oil producer, Geo-political tensions have less of an effect on global energy prices.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.