ilmscore | Prediction Details
"if other Middle East Asia countries typically the Arab uh countries if they also keep on participating in the war and if they cut or if they decide the opic countries come together they decide to cut the supply uh then it can uh have a I mean it can lead to an increase in the crude oil prices but uh last Thursday live stream also had mentioned that America is playing it pretty smart uh they are allowing venesuela to increase the supply of crude oil and Venezuela I think is like the third highest it has the third highest reserves about crude oil so if they're allowing Venezuela to bring in their crude oil in the market supply will again increase and that can help help to cool off the crude oil prices as well"
By CA Rachana Phadke Ranade | October 26, 2023 | Pending
From video
Is the worst over for nifty? | CA Rachana Ranade 00:46:41 - 00:47:27
Interpreted Prediction
While increased involvement of Arab countries in the Middle East conflict could drive up crude oil prices, the US is facilitating Venezuela's increased crude oil supply. This could potentially cool off crude oil prices due to increased supply.

Prediction Details

Topic
Crude Oil Prices

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