Oil wants to jump but?
Oil-rich countries are trying to raise prices to compensate for the economic loss, and with the vaccination of the people and the resumption of the economy, oil orders will rise and we will see a jump in oil prices, but it should be borne in mind that many countries are not interested in Rising oil prices are trying to keep prices low with the expected conditions of their economy, so we will see tension in the Middle East for a while until our friends' bellies are completely full, so we will see a neutral price in this price range. This is just an analysis
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.