Oil Has Turned to 'Sell First' Over Buy the Dip, Bauer Says

The video discusses the current state of the futures market, focusing on oil prices affected by the US-China trade dispute. Scott Bauer from Prosper Trading Academy provides insights into market positioning, highlighting a trend towards selling rather than buying. The discussion also covers the uncertainty surrounding proposed oil production cuts, with skepticism about the commitment of countries like Russia and Saudi Arabia to maintain these cuts.

What uncertainty is highlighted regarding the proposed deal mentioned in the text?

What potential actions of Russia and Saudi Arabia are discussed in relation to the oil cuts?