Shorting Crude Oil Due To Weakening Demand

Published: Oct. 7, 2022, 3:19 p.m.

b'"The OPEC+ production cut does not kill the bear care for crude oil in the medium term. I have been short crude oil, but I covered the position on Monday as the Reuters report indicated that 1M barrels would be cut. However, I am looking to short crude oil again as this time of year sees the lowest demand for crude oil, as well as there are global recession concerns," says Bob Iaccino.'