Why Joining Downside Bets on Oil Prices Might Not Be Wise: UBS Insights
Tuesday, 4 June 2024, 15:38
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Why You Should Be Cautious with Downside Bets on Oil Prices
UBS recently issued a warning against joining in on downside bets on oil prices due to the unlikely scenario of OPEC+ flooding the market with supply.
Risks of Betting Against Oil Prices
- Increased market volatility
- Potential losses
Given the current market conditions, investors should carefully evaluate the risks before considering such speculative actions.
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