Crude oil support began to move up
Updated
Saudi Arabia, the world's largest oil exporter, raised official crude prices for Asian buyers. Oil remains in a wide weekly range due to limited demand, increased supply from non-OPEC countries, and potential recessions in the United States and Europe.
Although crude oil broke through yesterday but then pulled above the trend line, it seems that crude oil support began to move up, and then the price rose above the short-term downtrend line. Crude oil is focused on long trading opportunities today
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usoil:buy@70.8-71.3 tp72-72.5
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Crude oil continues to riseTrade active
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