Locked and loaded for a response and hong kong protesters say that the government must do more. Lets get started with a quick check of u. S. Futures down. 4 after the saudi arabia drone attacks. , gaining ground by 11 . At one point, jumping 19 , which would be the biggest jump since 1991. That is 68 a barrel level. Gaining ground, seeing the biggest jump in a month. All of this a given that geoPolitical Risks are back again. We have seen oil prices under pressure lately, given the fact we have seen trade negotiations and tensions weighing on the demand. Some ofes paring back the earlier decline after President Trump said he would allow the release of Strategic Petroleum reserves. All of this playing into the market. Lets see how this will impact the open. Lets get over. Severe do we know how severe the damage is to this facility in saudi arabia . Analyst we have been talking to think that almost half of the lost supply could be tomorrow,as early as but in order to have the full supply
And the. Time action at hand say and youre watching a special edition of going underground from the Iranian Embassy in london as britain and the United States send their soldiers to the persian gulf and better thank you so much for inviting us into the embassy im going to ask you jeremy hunt the British Foreign secretary says that he is almost certain donald trump says you saw the boat at night trying to take the mine off and successfully took the mind off the boat and that was exposed what did you make of the video imagery and the pictures we have here proving almost certainly that the iranian government was involved in explosions on tankers in the version gulf they knew themselves that these pictures. Dont to proof what they are claiming in fact they or they are saying that we have an assessment but the question is the suspend should be based on facts and evidences these pictures that have been released there are very distorted and you cannot get any conclusion out of it the as iran
UCO is a high-risk, double-long oil market exposure. The Fund attempts to track an index on a daily basis. See why I conclude oil futures prices are overvalued.