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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: roguedolphin who wrote (108255)8/1/2025 1:32:23 PM
From: roguedolphin2 Recommendations

Recommended By
isopatch
onthedownslope

  Respond to of 108573
 
Note from HFI Research this morning:

Oil prices are currently being held up on the prospects of sanction risks on Russian crude exports.
Trump set a ceasefire deadline for August 8 between Russia and Ukraine. If no peace deal is reached, Trump is threatening to impose a 100% tariff rate on any country that buys Russian crude.
Those two countries are India and China.
But as we have seen time and time again, TACO Trump will likely delay this deadline, leaving the traders who bought oil at risk of frantically selling out of oil. < I do not agree that Trump will extend the deadline because he really does want the killing in Ukraine to stop and he wants Putin to cut the crap and end this senseless war. Russian citizens are surely getting tired of their sons and daughters dying.
We are once again back to the headline-driven oil trading that gave traders stomach ulcers just earlier this summer. Meanwhile, the oil market signals that we watch closely are turning bearish.

Dan Steffens
Energy Prospectus Group