In 2019 oil prices oscillated between $51 to $66/barrel
Not surprisingly oil peaked a few weeks ago at $66/barrel, declined a bit and is now in a falling wedge pattern.
It's hard to predict if it will go up or down from here, but I think a safer bet will be that it stays within the pre-covid channel
Not surprisingly oil peaked a few weeks ago at $66/barrel, declined a bit and is now in a falling wedge pattern.
It's hard to predict if it will go up or down from here, but I think a safer bet will be that it stays within the pre-covid channel