Oil Falls for First Day in Four

The video discusses the current trends in the oil market, highlighting the influence of OPEC and other countries like Russia, Iran, and Iraq. It suggests a strategy of shorting oil due to expected price declines, especially if no decisions are made in upcoming meetings. The impact of external factors such as bank earnings and currency markets is also considered, with a focus on the yen and dollar's role in oil price fluctuations.

What is the anticipated price movement of oil mentioned for the upcoming days?

How does the strength of the yen relate to the price of oil according to the discussion?