Oil is looking at a possible pattern for a segment overlap to the upside in which we will again target a major upside. Price is now approaching the control margin at 73 and from there a local correction may be made and then growth will continue. Major volumes have stayed down and have been buybacks. Also OPEC+ have postponed the increase in oil production which will further support it. WTI
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.