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Anthony-Ryan

Crude oil market analysis

Crude Oil Future CFD (USD) (VANTAGE:CL-OIL)  
Anthony-Ryan Aggiornato   
VANTAGE:CL-OIL   Crude Oil Future CFD (USD)
Trend Analysis Support and Resistance Supply and Demand oiltrading oilsignals WTI Crude Oil WTI cloil
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trendanalysis supportandresistance supplyanddemand oiltrading oilsignals wti usoil cloil
snapshot

The OPEC+ meeting has been postponed, and the market has doubts about whether oil-producing countries can insist on extending production cuts. As well as the recent weak performance of U.S. economic data, the margins of supply and demand are weak, which is not conducive to higher oil prices. The OPEC+ meeting at the end of the month will be the highlight of the oil market, and the market has a strong wait-and-see mood. Before OPEC+ announces a new production policy, oil prices may maintain a volatile adjustment.

Current trading is around the 73.5-77.2 range
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Commento:
go short
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