Oil continues to decline or go range bound

27. Juni 2023

I wanted to bring to your attention the recent news from China regarding their lending standards. It has been reported that China is cutting lending standards to shore up growth, but easing was not seen as a priority while inflation continues to be elevated.

I would caution against making any hasty investment decisions at this time. With inflation still a concern, it is important to consider any investment opportunities and their potential risks carefully.

Therefore, I encourage you to pause on oil investing and take a step back to assess the current market conditions. This will allow you to make informed decisions and avoid any unnecessary risks.