Bullish Signals for oil and Aramco

A short video that Bloomberg Markets and Finance released This morning interviewing Paul Wallace about the oil markets. Saudi raises oil prices again 0.60 cents to all markets where there is demand. This will keep the oil in a bull trend for Aramco.

Brent Fireworks price index 1:03

The chart is showing the buying of oil by the barrel to avoid future increases.

The message here by traders in Asia is not to short oil because they could potentially suffer losses.

A quick report on oil as of today.