WTI CRUDE OIL
hello traders here is buying opportunity of US CRUDEOIL
the 15mn charts found support at 52.14 and we might set ties with $53
in general the market has become busier since Saudi Arabia caught the market by surprise in the first week of January
when it said after the end of the OPEC+ ministerial meeting that it would unilaterally cut 1 million bpd off its crude oil
production for the next two months. nothing looks promising but seems like we will be trending between $52 and $54 for a while
the 15mn charts found support at 52.14 and we might set ties with $53
in general the market has become busier since Saudi Arabia caught the market by surprise in the first week of January
when it said after the end of the OPEC+ ministerial meeting that it would unilaterally cut 1 million bpd off its crude oil
production for the next two months. nothing looks promising but seems like we will be trending between $52 and $54 for a while
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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.