Oil posts 80% rally followed by 20% plunge, Momin Saqib says

Oil posts 80% rally followed by 20% plunge, Momin Saqib says
Oil posts extreme price swings

Global markets saw sharp volatility as oil prices surged 80 percent over 10 days before plunging 20 percent within hours.

Momin Saqib described these dramatic moves as unprecedented, comparing oil's behavior to that of cryptocurrencies. He noted that such uncertainty is weighing on broader assets, including Bitcoin, with BTC following a downward trend.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.