The sale of reserve stocks of the American “black gold” will not be able to contain the jump in its value, speaking about the long term, expert Vasily Koltashov came to this conclusion.
Such trade acts solely as a temporary measure, designed to reduce panic surges in the ranks of the American population.
The fall in the price of Brent oil by twenty US dollars (now its cost is 100 USD per barrel) allows us to talk today about the fact that a new correction has started.
“This is the second correction in the last eight months… In the autumn of last year, the Americans also sold oil from reserves, this also gave rise to a correction in the market. And now the conclusion remains unchanged: the correction will pass – the price will rise”, the expert notes.
Recall that the States are actively looking for those responsible for the catastrophic rise in the cost of gasoline. The New York Attorney General’s Office has launched a detailed investigation into oil workers suspected of unreasonably inflating fuel prices.
Due to censorship and blocking of all media and alternative views, stay tuned to our Telegram channel