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We know that commodities are on the rise, especially gold, but is another commodity about ready to rise oil taps the highest price in nearly a week, with U.S. supplies up less than expected. Going down a little further. I want to read here. There we go. Crude prices also boost after Bloomberg reported that China said it would, potentially open trade talks with the US.
The world economy hinges on a large part on whether the U.S. and Canada. Sorry, China can come to agreement and not start a prolonged trade war so oil could be on the rise. I want to take a look at gush, which is an ETF. Notice that I’m going to put this on a one year graph.
Has oil finally bottomed and about ready to run. We’ll see. There’s a three month graph I do like the movement of price. I really would like to see it get above one. But keep this on your radar.
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