Well, the technical analysis seems to indicate that Oil is currently in a very strong overbought area, from which we expect it to rise to at least 82.
Especially since interest rates may stop rising in the coming period and be fixed at 5.25 or 5.50
With the decline in oil prices due to the economic slowdown, there is a high probability that OPEC will cut oil production at the next meeting, which will cause prices to rise strongly.
Especially since interest rates may stop rising in the coming period and be fixed at 5.25 or 5.50
With the decline in oil prices due to the economic slowdown, there is a high probability that OPEC will cut oil production at the next meeting, which will cause prices to rise strongly.
Note
Prices started to riseSaudi Arabia started to reduce production voluntarily
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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.