Sell your oil as interest rates could go up?

Jun 27, 2023

I am writing to discuss the recent fall in oil demands due to the interest rate hike. As you may already know, the Federal Reserve has raised interest rates, which has caused a ripple effect throughout the market, including the oil industry.

Unfortunately, this has resulted in a decrease in oil demand, which has caused prices to fall. As a result, we are urging all to consider selling any open oil positions they may have.

While we understand that this may be a difficult decision, we believe it is in your best interest to take action before prices fall even further. We encourage you to consider your options carefully and decide what is best for your needs and goals.

In closing, we want to remind you that the market is constantly changing, and it is essential to stay informed and make informed decisions. We are here to help you navigate these changes and make the best decisions for your portfolio.

Thank you for your time, and please do not hesitate to comment with any questions or concerns.