Oil-spill, its going to get slippery!
The price shows a very strong downwards momentum but as recovered from recent news. however, the Oil output is expected to rise over the next coming months and this will be extremely bearish for the commodity as oversupply will flood the market.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.