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Are you shorting ⛽ OiL Now ?

By James Laurent
A gas pump is seen with different petrol types.

Gasoline prices have hit Americans hard, with regular unleaded jumping more than 60 percent from a year ago to an average $3.41 a gallon, according to the American Automobile Association.

President Joe Biden on Wednesday asked Federal Trade Commission Chair Lina Khan to examine oil and gas companies and their role in rising gasoline prices.

Citing “potentially illegal conduct,” Biden said pump prices are rising even as industry costs are declining.

As of Tuesday Morning oil was Trading above $80 a barrel but drop to $76.44 after  the Biden news on the investigation of oil and Gas companies .

As of trading if you want to short oil ..you can use Futures trading ticker #/CLF22 or ask your broker 

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