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Why Is Oil Trading Higher When Coronavirus & Inventories Soften Prices?

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By Stavros Tousios
oil prices
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Did you know that WTI oil should be lower on the back of weaker growth demand and higher crude inventories?

Oil traders, however, seem to be discounting the weakening components as it becomes clear to them that OPEC is determined to keep prices balanced!

Our head of Investment Research and our top Asia-Pacific market researcher Daniel Grady discuss Coronavirus, oil demand growth and argue if it really is OPEC who has the upper hand!

Join now and find out what you should focus on when trading oil, or its close counter-tradable assets!

You can listen to the podcast on mobile or desktop or download it on your device.

Follow our bi-weekly podcast and listen to our in-depth analysis on topics such as forex trading tips, fundamental/technical analysis, and geopolitics!

Speakers:

Stavros Tousios
Daniel Grady

Stavros Tousios

Stavros, Head of Investment Research at Orbex, is a certified investment professional that has been involved in the FX markets as a trader and analyst for nearly 5 years. He covers both fundamental and technical aspects of trading with a specialization in core institutional trading strategies. As an engineer by trade, his analytical mind allows him to identify the right opportunities at the right time. Coupled with an MBA degree, Stavros selects investment ideas that offer a good risk to reward ratio.

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