Today, we have the OPEC meetings currently present. The outlook for oil prices over the next few months is highly dependent on what is discussed today.
My predictions for the OPEC meetings today is a bearish outcome. Many threatens out there have been made to cut production of oil, yet the global demand for oil has been slowing down with the rise of trade wars with the US and China.
As such, the final decision is a bearish oil.
Wednesday saw a surge in oil prices and we have entered a solid zone to short here.
For my entries and fundamentals, visit my telegram channel
T.me/AndersFX
My predictions for the OPEC meetings today is a bearish outcome. Many threatens out there have been made to cut production of oil, yet the global demand for oil has been slowing down with the rise of trade wars with the US and China.
As such, the final decision is a bearish oil.
Wednesday saw a surge in oil prices and we have entered a solid zone to short here.
For my entries and fundamentals, visit my telegram channel
T.me/AndersFX
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.