CFD sur Pétrole brut WTIMis à jour Oil Picture Ahead
Oil is in crucial level
After additional cut-down in the production announcement by OPEC oil is still struggling due to outbreak #Coronavirus become a serious concerns for the global economies which reduces the oil demand on the other hand supply cut is not sufficient enough to absorb the impact. Therefore we believe that if oil sustain 46.23 level then it would rebound else we can see a new low which would be below 42. Now cross your fingers and wait and watch.
After additional cut-down in the production announcement by OPEC oil is still struggling due to outbreak #Coronavirus become a serious concerns for the global economies which reduces the oil demand on the other hand supply cut is not sufficient enough to absorb the impact. Therefore we believe that if oil sustain 46.23 level then it would rebound else we can see a new low which would be below 42. Now cross your fingers and wait and watch.
Note
Finally oil touch in intra-day 43.80 which was mentioned in our post related to further downside expected.
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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.