https://www.cnbc.com/2022/04/11/oil-markets-china-lockdown-oil-reserves.html?__source=androidappshare
Oil falls, pressured by China lockdowns, reserves release.
“Brent crude fell $2.04, or 2%, to $100.74 a barrel at 0139 GMT, while U.S. West Texas Intermediate crude lost $1.94, or 2%, to $96.32.
Last week, Brent dropped 1.5% while U.S. oil slid 1%.
For several weeks, the benchmarks have been at their most volatile since June 2020.”
If you bought your oil stocks high I would personally consider selling them and buying them cheaper eventually, just my personal opinion though.
Have a great trading day.
