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home / news releases / OILX - Correction In The Oil Market Is Quite Likely

OILX - Correction In The Oil Market Is Quite Likely

UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B
  • Neither OPEC nor the EIA seems to share optimism about the start of vaccination against coronavirus in the US and Europe.
  • There are many factors in favor of an increase in oil supply in the near future.
  • Apparently, the overestimated expectations for vaccines have driven the market too high and too fast.

For further details see:

Correction In The Oil Market Is Quite Likely
Stock Information
Company Name: UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B
Stock Symbol: OILX
Market: NYSE
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