Oil's 4% drop takes prices to a three-month low
Gold lower but still holding key range
Bitcoin remains heavy as some traders move to DeFi exchanges
Oil
Oil has easily become a favorite short on Wall Street. The oil market doesn't appear like it will get tight anytime soon on fears that China’s weak post-COVID recovery won’t be improving anytime soon and as Russia continues to sell more oil to China and India. In addition to all the bearish drivers, some notable oil bulls are abandoning their a
Jun 12, 2023
by Edward Moya
