‘Oil prices to slip further, driven by weak demand’ - Rizvi
Brent and US crude futures may continue to be volatile, says Osama Rizvi, Energy market analyst, Primary Vision Network, but the overarching trend for prices is down, due to sluggish demand from the world’s biggest consumers of oil. Rizvi explains why, all things being equal, $70 a barrel could be in sight.Any opinion, news, research, analysis, or other information does not constitute investment or trading advice. Follow us on Twitter (https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Ftwitter.com%2FIGcom&data=05%7C01%7CLeanne.Kunz%40ig.com%7C7db35926b5844a05f9e008db35e6f219%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C638163038236232639%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=KT6Mm0acluwAtu5oAuQwi%2BKL890dyDaSo33wBswQEls%3D&reserved=0), Instagram (https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.instagram.com%2Figcom_official%2F&data=05%7C01%7CLeanne.Kunz%40ig.com%7C7db35926b5844a05f9e008db35e6f219%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C638163038236232639%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=FVRtONvjiM0Vz5Xxk3niXYqOOJvONz6wDrRJhBJ8Vac%3D&reserved=0), and YouTube (https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2FIGcom%2Ffeatured&data=05%7C01%7CLeanne.Kunz%40ig.com%7C7db35926b5844a05f9e008db35e6f219%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C638163038236232639%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=X4fRGT4lyb48Anw1aEbSrH%2BpSk5AbXTHb3TUX626c4A%3D&reserved=0) *Your capital is at risk. 69% of retail CFD accounts lose money*