hello trader here is sell set up for USOIL! the global energy consumption for crude oil currently stands at about 3.5 million barrels a day far below pre- COVID-19 pandemic levels, energy experts further predict global energy consumption slamming the roof later this year with COVID-19 vaccines hitting key international markets at record levels and major economies like the United States and China looking fired up, it’s very unlikely for oil prices to fall below the $55 a barrel levels this quarter. The spike of COVID in India will have big impact on the oil price look for selling apportuties on OIL
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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.