Speculation and fear have driven oil prices beyone the realistic value of a rapidly deteoriating market. Real demand is about to factor into the market and that will reflect a decline.
Note
about to get a rise in oil to mirror the sentiment going into equities, so back to 100 then a further declineTrade active
Oil looking like its ready for a move upNote
Closing this one out
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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.