OPEC+ production cuts are in the news today. Also in the news is the message that the cuts haven't convinced people that there will be enough demand. 
USO Oil has a strong support at $58.
Is the reaction in
CL1! Crude Oil overdone?
This isn't a forecast, it's a thread to generate ideas of potential direction and supply/demand.
Please let me know where you think oil is headed as we wrap up 2023!
Cheers
USO Oil has a strong support at $58.Is the reaction in
CL1! Crude Oil overdone?This isn't a forecast, it's a thread to generate ideas of potential direction and supply/demand.
Please let me know where you think oil is headed as we wrap up 2023!
Cheers
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.