oil - production cut of Russia and Saudi
Oil rise is affecting by production cuts from Saudi Arabia and Russia. So we can estimate that the price is on the upward trends till 95 $. So we use this as a big trend and try to find small positions on the lower time frame.
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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.