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Is #USO Breaking Out?

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United States Oil Fund (AMEX:USO)  
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AMEX:USO   United States Oil Fund
Trend Analysis Wave Analysis usoilanalysis Crude Oil WTI wticrudeoil wtioil joebiden opec nodeal
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trendanalysis waveanalysis usoilanalysis usoil wticrudeoil wtioil joebiden opec nodeal
Is #USO Breaking Out?

# Crude #oil extended last weeks Friday’s positive close in trading on Monday as U.S. President Joe Biden’s visit to Saudi Arabia failed to deliver anything concrete. The trip was aimed at coaxing the Saudi’s to increase oil production thus easing inflation pressures. The response from the Saudi’s and other key officials reiterated the fact that production scheduling and/or increases remain with the OPEC+ consortium leaving President Biden without a deal.

Sorry #JoeBiden

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