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WTI Crude (OIL) / US DollarWTI Crude (OIL) / US DollarWTI Crude (OIL) / US Dollar

WTI Crude (OIL) / US Dollar

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OILUSD trade ideas

USOIL Today's Trading Strategy Hope this helps you The situation in the Middle East remains highly tense, with the Iran nuclear negotiations stalled and U.S. sanctions against Iran still in place. The two sides have significant differences on key issues such as nuclear facility inspections and conditions for lifting sanctions. Israel's military threats against Iran's nuclear facilities have continued to escalate, repeatedly stating publicly that it does not rule out launching military strikes against Iran. In the event of a conflict, as a major crude oil producer, Iran's crude oil production and exports would be severely disrupted, and oil transportation routes in the Middle East could also be blocked, creating a huge gap in global crude oil supply. At the same time, the geopolitical rivalry between Russia and Western countries in the energy sector has intensified, and geopolitical conflicts could lead Russia to adjust its crude oil export strategy, further exacerbating supply tensions in the global crude oil market and driving oil prices sharply higher. Although OPEC+ accelerated production increases by 822,000 barrels per day in May-June, the remaining production capacity of major producers such as Saudi Arabia has fallen below 1.5 million barrels per day, making it difficult to effectively fill the supply gap left by Iran. Moreover, the production increase plan will be completed by October 2025, one year ahead of the original schedule, indicating concerns about long-term weak demand, which could instead undermine market confidence in supply flexibility. USOIL Today's Trading Strategy Hope this helps you USOIL BUY@60.5~61 SL:59.5 TP:62~62.5
TVC:USOILLong
by AndyHopkins
1
USOIL MONTHLYUSOIL,oil is on a demand floor and will continue to upswing into 70-69 dollar zone ,am holding oil buy till 70$ per barrel at 70$ zon,e buyers will face supply roof ,a critical make or break zone ,if they break the structure ,oil will fly higher and if they respect the supply roof, we sell on the fundamentals of a broken SR/RS RULE..35$ zone will be watched in a bearish scenario. Relationship Between US Oil Prices (USOIL), Bond Yields, and Interest Rates 1. General Correlation Between Oil Prices and Bond Yields Over recent years, US crude oil prices and 10-year US Treasury bond yields have shown a strong positive correlation, often moving in tandem. When oil prices rise, it typically signals stronger economic activity and higher inflation expectations, which tend to push bond yields higher as investors demand greater compensation for inflation risk and growth prospects. Conversely, falling oil prices often correlate with lower bond yields due to expectations of weaker growth and reduced inflationary pressure. 2. Oil Prices Leading Bond Yield Movements Short-term trend changes in crude oil prices often lead changes in bond yields by a few weeks, meaning oil price movements can be a useful indicator for bond market trends. For example, a sustained rise in oil prices due to supply constraints or geopolitical tensions often precedes an increase in Treasury yields. 3. Recent Divergences and Market Dynamics Recently, the usual positive relationship between oil prices and bond yields has broken down temporarily, reflecting unusual market conditions such as US fiscal uncertainties and changing safe-haven dynamics. For instance, oil prices dropped due to expectations of increased production, while US bond yields increased following economic data releases, showing a temporary divergence. 4. Impact of Oil Prices on Interest Rates and Inflation Expectations Rising oil prices contribute to higher inflation expectations, which in turn can lead to higher nominal bond yields as investors seek compensation for inflation risk. Central banks, including the Federal Reserve, may respond to sustained high oil prices and inflation by maintaining or raising interest rates, which also pushes bond yields higher. Conversely, falling oil prices can act as a disinflationary force, potentially easing pressure on interest rates and bond yields, though recent market behavior shows this effect can be muted by other factors. 5. Economic Implications Higher oil prices combined with rising bond yields and a strengthening dollar can act as a "tax" on the US economy, potentially slowing growth and increasing recession risks. The interplay of oil prices and bond yields is a key factor in assessing the economic outlook, inflation trajectory, and monetary policy stance. Summary Table Factor Relationship / Impact Oil Price ↑ Bond yields ↑ (due to inflation & growth expectations) Oil Price ↓ Bond yields ↓ (due to lower inflation & growth fears) Oil price trend leads bond yields Oil price changes precede bond yield changes by weeks Recent divergence Temporary breakdown due to fiscal concerns, policy uncertainty Inflation expectations Higher oil → higher inflation expectations → higher yields Economic growth impact Higher oil + yields = economic headwind (stagflation risk) Conclusion The relationship between US oil prices (USOIL) and bond yields is generally positive and significant, with oil price movements often leading bond yield trends. Rising oil prices tend to push bond yields and interest rates higher through increased inflation expectations and stronger economic activity signals. However, recent market conditions have caused some temporary divergences due to fiscal uncertainties and changing safe-haven demand. Monitoring oil prices is crucial for anticipating bond market movements and understanding the broader macroeconomic environment. #usoil #dollar #oil
FX:USOILShort
by Shavyfxhub
OIL: Short Term Bullish Setup - Very RiskyOIL: Short Term Bullish Setup - Very Risky The trading setup we have for OIL carries a high risk as it has been moving against news reports on war or OPEC topics for days. However, OIL faced a strong support zone near 60, thus increasing the chances of further growth. Perhaps the situation in GAZA could keep the price above 60 and it could rise slowly as shown in the chart. The main target zones are near 62.6 and 63.8. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
TVC:USOILLong
by KlejdiCuni
3
Textbook Falling Wedge & Wyckoff Accumulation Brewing?Analysis: Looking at the daily chart for Crude Oil, we appear to be seeing a very compelling confluence of bullish technical signals that suggest a potential significant reversal to the upside. Textbook Falling Wedge Formation: Price action is clearly consolidating within a well-defined falling wedge pattern. We have observed multiple clear touches (3+ on the upper, 4+ on the lower trendline), indicating these boundaries are highly respected by the market. Crucially, volume has been declining as price consolidates within the wedge, a classic characteristic signifying diminishing selling pressure. The angles of convergence also appear ideal, with the upper trendline being steeper than the lower. Wyckoff Accumulation Schematic #1 in Play? Diving deeper, the internal structure of this falling wedge strongly resembles Wyckoff's Accumulation Schematic #1. We can identify potential phases: PS (Preliminary Support): Early signs of buying. SC (Selling Climax): A sharp sell-off often with high volume, marking potential capitulation. AR (Automatic Rally): The first significant bounce after the SC. ST (Secondary Test): Retesting the lows of the SC. Spring: A key event where price dips below the established trading range support (or the wedge's lower trendline) only to quickly reverse back above it, effectively trapping sellers and confirming a shakeout of weak hands. This internal Wyckoff structure within the falling wedge significantly strengthens the case for institutional accumulation taking place. Bullish Candlestick & Oscillator Confluence: At the recent lows, we observed a potential Piercing Line bullish reversal candlestick pattern forming right at the lower trendline of the wedge. This indicates aggressive buying stepping in. The MACD indicator has confirmed this bullish shift, showing a recent bullish crossover (MACD line above Signal line) and a flip of the histogram from red to green. Furthermore, there appears to be a bullish divergence on the MACD – as price made lower lows within the wedge, the MACD indicator made higher lows (or showed increasing bullish momentum), suggesting underlying bearish momentum is weakening significantly. Market Sentiment & Potential Implications: It's noteworthy that this bullish technical setup is occurring amidst increased bearish media and Twitter sentiment surrounding oil. From a contrarian perspective, extreme bearish sentiment often coincides with market bottoms, as "smart money" accumulates positions while the crowd is most pessimistic. This situation could set the stage for a strong reversal, potentially fueled by short covering. Conclusion: All signs from price action, volume, candlestick patterns, and oscillators point towards a high probability of a bullish reversal and an upside breakout from this well-formed falling wedge. The potential Wyckoff accumulation pattern adds significant weight to the idea that sophisticated players are positioning for a significant move higher. What to Watch For: The next critical step is a decisive breakout above the upper trendline of the falling wedge, ideally accompanied by a significant surge in buying volume. This would confirm the pattern's completion and signal the potential start of a new uptrend. A more aggressive approach is entering now and capturing more upside if it is to occur. This is for educational purposes only and not financial advice. Always conduct your own research and manage your risk.
BLACKBULL:WTILong
by MikeMM
USOIL HEIST ALERT: Thief Entry Loaded – Target Locked!🚨 The Ultimate US OIL / WTI Heist Plan – Thief Trading Style 🎯💸 Hey Money Makers, Hustlers, Market Bandits! 🌍 Hola, Ola, Bonjour, Hallo, Marhaba! 👋🌟 We’re back with a slick WTI energy market heist based on our 🔥Thief Trading Style🔥—powered by a mix of technical & fundamental strategies. The vault is wide open and the bullish loot awaits! 🗺️ Strategy Brief: We’re aiming for a clean bullish getaway near the high-risk MA zone—where traps are set and bearish robbers lurk. Watch out for overbought zones, trend reversals, and consolidation ambushes. 📈 Entry Point: “The vault is open! Enter the bullish heist at will.” Look to place Buy Limit Orders around swing highs/lows or pullback levels on the 15m–30m timeframe. 🛑 Stop Loss: Set your Thief SL around the recent swing low using the 3H timeframe (example: 60.300). Adjust based on your risk appetite, lot size, and number of entries. 🎯 Target: 65.200 That's where we celebrate the score, traders! 🥂💸 📊 Heist Justification (Fundamentals + Sentiment): The WTI market is currently bullish, fueled by a mix of: ✅ Macro economics ✅ COT data ✅ Seasonal trends ✅ Intermarket signals ✅ Inventory & storage dynamics 📌 For full analysis and future target breakdowns, check the linkk in our profilee 🔗👀 ⚠️ Important Alert – Manage Your Risk During News: 🚫 Avoid fresh entries during major news releases ✅ Use trailing stops to protect running gains Stay sharp, stay safe. 💥 Hit the Boost Button if you support the Thief Strategy! Join the crew, ride the wave, and let’s rob the market like pros 💼🕶️💰 📅 Stay tuned for the next master plan. Another heist is always around the corner. Until then – steal smart, win big! 🐱‍👤🔥
BLACKBULL:WTILong
by Thief_Trader
USOIL – Reclaiming the Energy Narrative | WaverVanir Macro Rever📉 Chart Thesis: After nearly three years of structural decline from the $129 peak, crude oil (USOIL) is approaching a confluence zone of historic Fibonacci support ($56–$60) and a multi-year descending trendline. This zone may mark the bottom of a long-term accumulation phase. 🧠 Strategic Perspective (WaverVanir View): “It’s time to take back our resource. Not just politically—but economically, institutionally, and structurally.” WaverVanir International LLC sees this setup as a rare macro pivot. This isn’t about short-term fluctuations—it’s about the global realignment of resource value in a world where: Central banks are overleveraged Strategic petroleum reserves are drawn down War premium is mispriced Real assets are undervalued 📊 Key Levels: Support Zone: $56.04 (historical institutional buy zone) Breakout Trigger: Trendline above $67.00 Target 1: $101.35 (0.786 Fib) Target 2: $129.42 (1.0 Fib) Target 3: $160.58 (1.236 Fib projection) ⚠️ Risk Disclosure: We are not yet capitalized but actively building a legally compliant funding vehicle. No capital is currently allocated. This post is part of our vision publication cycle to build trust and transparency in WaverVanir’s thesis. 📌 Follow WaverVanir International LLC for conviction-based macro trade ideas at the intersection of data science, price action, and risk strategy. #USOIL #MacroTrading #Commodities #WaverVanir #TradingView #QuantMacro #EnergyRevolution #FibonacciAnalysis #MarketStructure #EmergingFund
TVC:USOILLong
by Wavervanir_International_LLC
Bearish reversal?WTI Oil (WTI/USD) is rising towards the pivot and could reverse to the 1st support, which is a pullback support. Pivot: 65.18 1st Support: 55.69 1st Resistance: 71.43 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDShort
by ICmarkets
USOIL:First go short, then go long USOIL: There are still signs of a pullback on an hourly basis after oil prices climbed to near 63 after OPEC+ said there would be no immediate changes to current production policies. So the trading strategy :SELL@62.5-62.8 TP@61.6-61.3 After stepping back to the point can not break a wave of rebound, the target can look at 63 again ↓↓↓ More detailed strategies and trading will be notified here →→→ ↓↓↓ Keep updated, come to "get" →→→
TVC:USOILShort
by Boooob_
WTI Crude Oil Testing Make-or-Break Support ZoneWTI crude is grinding into a pivotal horizontal support near 6,020 after another sharp rejection near the 50-day SMA: Support at Risk: Price is pressing into the horizontal support zone formed by May’s lows (~6,020). A clean break below would shift momentum back decisively to the downside. Bearish Structure: Price remains well below both the 50- and 200-day SMAs, which are angled downward—consistent with a medium-term downtrend. Momentum Fading: MACD is negative and turning lower again, while RSI is stuck near 45 and showing no bullish divergence. Next Support: If support fails, next downside level is likely around the YTD low near 5,400. As it stands, bears remain in control unless bulls can defend this floor and drive a breakout back above the 50-day SMA. -MW
FOREXCOM:USOIL
by FOREXcom
Crude oil rebounds after encountering 60 support 📊Technical aspects Due to concerns that global supply growth may exceed demand growth, WTI prices fell slightly and rebounded slightly after hitting the 60 mark. From the daily chart level, the medium-term trend moving average system suppresses the rebound of oil prices, and the medium-term objective trend direction is downward. After the oil price hit the low of 55.20, the frequent alternation of long and short formed, and the embryonic form of the falling flag relay appeared from the shape. Pay attention to the strength of the oil price testing the upper edge of the flag. It is expected that after the medium-term trend fluctuates, it will still rise to the 64 position. The short-term (1H) trend of crude oil fell and touched the key support of 60, then rose slightly. The moving average system turned to divergent upward arrangement, and the short-term objective trend direction was upward. The MACD indicator fast and slow lines crossed the zero axis, and the bullish momentum was sufficient. It is expected that the trend of crude oil will continue to rise during the day, and the probability of breaking through the 63 resistance and moving upward is relatively high. 💰 Strategy Package Long Position: 60.5-61.5
TVC:USOILLong
by TheodoreSilas
1
USOIL Today's Trading Strategy Hope this helps youAlthough OPEC+ plans to significantly increase production in July and August, the actual implementation is uncertain. Some member states may struggle to meet production targets due to their own capacity, technical, or financial limitations, which could result in the actual supply increase being lower than expected. For example, in some small and medium oil-producing countries, aging equipment and backward mining technologies make it difficult to truly implement production increase plans even if they exist. The U.S. shale oil industry is facing the dual challenges of rising equipment costs and low oil prices, with many small and medium-sized drilling companies struggling to survive and even possibly shutting down some oil wells due to continuous losses. This means that U.S. shale oil production may not only fail to grow but could also decline, thereby reducing global crude oil supply and supporting oil prices. As the "heartland" of global crude oil supply, the Middle East has always been in a tense situation. The Iranian nuclear issue remains unresolved, relations between the U.S. and Iran are highly strained, and Israel is also eyeing Iran's nuclear facilities. Once a conflict breaks out, Iran's crude oil production and exports will be hindered, and oil transportation channels in the Middle East may also be affected, leading to a significant reduction in global crude oil supply and triggering a sharp rise in oil prices. This potential geopolitical risk could(at any time) become a catalyst for driving oil prices higher. USOIL Today's Trading Strategy Hope this helps you USOIL BUY@60.5~61 SL:59.5 TP:61.5~62
TVC:USOILLong
by AndyHopkins
WTI Crude Oil INTRADAY consolidation capped at 6360Trend: The sentiment remains bearish, in line with the prevailing downward trend. Recent Movement: Price is currently in a sideways consolidation, suggesting indecision near short-term lows. Key Levels Resistance: 6360 – Key resistance and prior consolidation zone. Above that: 6440, then 6530 – Next upside targets if breakout occurs. Support: 6020 – Initial downside target. Below that: 5940, then 5820 – Deeper support levels if bearish momentum resumes. Trading Scenarios Bearish Continuation: A rally to 6360 followed by rejection could lead to a drop toward 6020, 5940, and 5820. Bullish Breakout: A daily close above 6360 would negate the bearish setup and open the path for a recovery toward 6440, then 6530. Conclusion WTI Crude Oil remains under bearish pressure, but is currently range-bound. A rejection at 6360 would confirm downside continuation. A breakout above that level would shift bias to bullish, targeting higher resistance zones. Watch 6360 as the key pivot. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:WTI
by TradeNation
WTI Consolidates and Holds Above 60Crude oil remains locked in a resilient sideways range, with strong support between $55 and $58, and a key resistance zone between $63 and $65. Momentum indicators are mixed: • Daily RSI remains neutral, allowing for both bullish and bearish scenarios. • Weekly RSI shows a clean bounce from 2020 extremes, suggesting underlying bullish potential. Scenarios to Watch Bullish Scenario: A sustained move above $63.80–$65 could pave the way for gains toward $66.90, $69.20, and $71. Bearish Scenario: A decisive break below $58 would expose downside risk toward $56.70 and $55. In the case of extreme market turbulence, further losses toward $49 remain possible—potentially setting up for a new long-term bullish positioning. - Razan Hilal, CMT
FOREXCOM:USOIL
by FOREXcom
WTI OIL Might be close to the end of correction or finished it.there are definetly more than 1 posibilities in this one, 1 more down wave can occur and that is why i have a invalidation level. long term definetly buy but short and mid term is just not very clear, i am thinking it s time to buy. what i am going to do is keep track of it a bit more in short term and if it gives me good buying opportunity near the below i will enter the trade with a stop loss. and if it upbrakes possible impulse wave will occur and i will buy again to mid term target. so for now keep an eye on it and buy if the opportunity arise.
PEPPERSTONE:SPOTCRUDELong
by artisticDog29915
Oil Prices Up as Trump Delays EU Tariffs (Temporary Relief?) The global oil market, a sensitive barometer of economic health and geopolitical stability, registered a slight uptick in prices following the news that the Trump administration would extend the deadline for imposing new tariffs on a range of European Union goods. This minor rally, however, comes against a backdrop of a broader downtrend that has characterized the oil markets since mid-January. The persistent downward pressure has been largely attributed to the chilling effect of existing and threatened tariffs, not just between the US and the EU, but on a global scale, which have cast a long shadow over the outlook for global energy demand. To understand the significance of this deadline extension and its nuanced impact on oil prices, it's crucial to first appreciate the environment in which it occurred. For several months, the dominant narrative surrounding oil has been one of demand-side anxiety. President Trump's "America First" trade policy, which has seen the imposition of sweeping tariffs on goods from various countries, most notably China, and the persistent threat of more to come against allies like the European Union, has injected a significant dose of uncertainty into the global economic system. Tariffs, at their core, are taxes on imported goods. Their imposition typically leads to a cascade of negative economic consequences. Businesses that rely on imported components face higher input costs, which can either be absorbed, thereby reducing profit margins, or passed on to consumers in the form of higher prices. Higher consumer prices can dampen spending, a key driver of economic growth. Furthermore, the uncertainty created by an unpredictable trade policy environment often leads businesses to postpone investment decisions and hiring, further stagnating economic activity. This economic slowdown, or even the fear of it, directly translates into weaker demand for oil. Manufacturing activity, a significant consumer of energy, tends to decline. Global shipping and freight, which rely heavily on bunker fuel and diesel, slow down as trade volumes shrink. Consumer demand for gasoline and jet fuel can also wane if economic hardship leads to reduced travel and leisure activities. The retaliatory measures often taken by targeted nations – imposing their own tariffs on US goods – only serve to exacerbate this negative feedback loop, creating a tit-for-tat escalation that further erodes business confidence and global trade flows. It is this overarching concern about a tariff-induced global economic slowdown that has been weighing heavily on oil prices since the middle of January. Market participants, from large institutional investors to commodity traders, have been pricing in the potential for significantly reduced oil consumption in the months and years ahead if these trade disputes were to escalate or become entrenched. Every new tariff announcement or threat has typically sent ripples of concern through the market, often pushing oil prices lower. Against this gloomy backdrop, the news of an extension to the tariff deadline on EU goods, while not a resolution, acts as a momentary pause button on further immediate escalation. It offers a temporary reprieve, a brief window where the worst-case scenario of new, damaging tariffs being instantly applied is averted. This is likely why oil prices "edged higher." The market's reaction can be interpreted in several ways. Firstly, it reflects a slight easing of immediate downside risk to the European economy. The EU is a massive economic bloc and a significant consumer of oil. The imposition of new US tariffs on key European goods, such as automobiles or luxury products, would undoubtedly have a detrimental impact on European industries, potentially tipping already fragile economies closer to recession. An extension of the deadline pushes this immediate threat further down the road, offering a sliver of hope that a negotiated solution might yet be found, or at least that the economic pain is deferred. This deferral, however slight, can lead to a marginal upward revision of short-term oil demand expectations from the region. Secondly, the extension can be seen as a signal, however faint, that dialogue and negotiation are still possible. In the fraught world of international trade diplomacy, any indication that parties are willing to continue talking rather than immediately resorting to punitive measures can be interpreted positively by markets. It reduces, fractionally, the "uncertainty premium" that has been built into asset prices, including oil. However, it is crucial to temper any optimism. The fact that oil only "edged higher" rather than surged indicates the market's deep-seated caution. An extension is not a cancellation. The underlying threat of tariffs remains very much on the table. The fundamental disagreements that led to the tariff threats in the first place have not been resolved. Therefore, while the immediate pressure point has been alleviated, the chronic condition of trade uncertainty persists. The oil market is acutely aware that this extension could simply be a tactical move, buying time for political reasons without altering the fundamental trajectory of trade policy. If, at the end of the extended period, no agreement is reached and tariffs are indeed imposed, the negative impact on oil demand expectations would likely resurface with renewed force. The market is therefore likely to adopt a "wait and see" approach, with traders hesitant to make significant bullish bets based solely on a deadline postponement. Furthermore, the US-EU trade dynamic is just one piece of a larger global puzzle. The ongoing trade tensions with China, for instance, continue to be a major drag on global growth projections and, by extension, oil demand. Progress, or lack thereof, on that front often has a more substantial impact on oil prices than developments in the US-EU relationship, given the sheer scale of US-China trade and China's role as the world's largest oil importer. The slight rise in oil prices also needs to be seen in the context of other market-moving factors. Supply-side dynamics, such as OPEC+ production decisions, geopolitical events in major oil-producing regions like the Middle East, and fluctuations in US shale output, constantly interact with demand-side sentiment. A deadline extension on EU tariffs might provide a small boost, but it can be easily overshadowed by a surprise inventory build, an unexpected increase in OPEC production, or signs of weakening economic data from other major economies. In conclusion, the decision by the Trump administration to extend the tariff deadline on EU goods offered a moment of temporary relief to an oil market that has been under duress from trade war anxieties. This relief manifested as a marginal increase in oil prices, reflecting a slight reduction in immediate perceived risk to global economic activity and oil demand, particularly from Europe. However, this should not be mistaken for a fundamental shift in market sentiment or a resolution to the underlying trade disputes. The threat of tariffs remains, and the broader concerns about a global economic slowdown fueled by protectionist policies continue to loom large. The oil market's cautious reaction underscores the prevailing uncertainty, suggesting that while this extension provides a brief breathing space, the path ahead for oil prices will continue to be heavily influenced by the unpredictable currents of international trade policy.
TVC:USOIL
by bryandowningqln